David's Tea
5 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Apr 16, 2024 by David Segal · said 3 times in 1 episodes since 2024 · across every show →
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brought up most by Shane Parrish (3)
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2024 3 mentions in 1 episode
Everything said about David's Tea, oldest first
Apr 16, 2024
Apr 16, 2024
Segal: I left David's Tea partly due to internal private equity conflicts
“There was a fair amount of internal fighting in the company between my original partners, the private equity group. It wasn't an environment where everyone was just focused on the customer and adding value for the customer. And there's, there was a bit too muc…”
Apr 16, 2024
Apr 16, 2024
Segal: Selling my David's Tea stake triggered severe post-exit depression
“Well, I actually went through one of the biggest depressions in my life after I sold my stake in David's tea. I thought that's what I was playing for. I thought I was playing for this big success where you know, the other side of the rainbow. And it was great.…”
Apr 16, 2024 bullish
Segal: Specialty tea retail boasts superior margins, zero sizing, and non-perishable inventory
“There's no size, no color, like there is in fashion. It doesn't go bad like a turkey sandwich. It's leaves in a cup, so the margins are good. You can operate out of small spaces. And we call anything you put in hot and cold water that's not coffee, tea in Nort…”