Cotopaxi

8 statements across 1 episodes · 4 bullish · 0 bearish · 1 people on the record · first statement Feb 21, 2025 by Davis Smith · across every show →

Everything said about Cotopaxi, oldest first

Feb 21, 2025
Assertion Supported
Cotopaxi grew to $150 million in revenue under Davis Smith's tenure
“I think I did a good job taking a business from zero to around a hundred and fifty million in revenue, and there's probably better leaders that can take it To the next level.”
Davis Smith Feb 21, 2025 ▶ 32:59 Cotopaxi’s Davis Smith: Lessons from scaling a mission-driven business | Masters of Scale
Feb 21, 2025 positive
Disclosure
Cotopaxi's early investors included Kirsten Green and the Warby Parker founders
“We ended up with a handful of investors that invested, like I mentioned, Kirsten Green from Foreigner Ventures and a handful of other amazing people that stepped up and some of my friends from business school, like the Warby Parker founders the founders of Har…”
Davis Smith Feb 21, 2025 ▶ 22:37 Cotopaxi’s Davis Smith: Lessons from scaling a mission-driven business | Masters of Scale
Feb 21, 2025 positive
Assertion Supported
Cotopaxi generated 30,000 social media posts in its first 24 hours
“We had 30,000 social media posts in that first 24 hours of our launch.”
Davis Smith Feb 21, 2025 ▶ 20:36 Cotopaxi’s Davis Smith: Lessons from scaling a mission-driven business | Masters of Scale
Feb 21, 2025
Assertion Not publicly verifiable
Cotopaxi has sold 5 million backpacks made from repurposed fabric scraps
“We've made, we sold five million backpacks made of remnant leftover repurposed material from other outdoor brands. It's the leftover scraps.”
Davis Smith Feb 21, 2025 ▶ 32:00 Cotopaxi’s Davis Smith: Lessons from scaling a mission-driven business | Masters of Scale
Feb 21, 2025 positive
Disclosure
Cotopaxi donates 1% of total revenue even during unprofitable years
“We donate we donate one percent of all of our revenues. Which to be clear, a lot of times is many years that was actually more than we made. We maybe weren't even making money, but we're still giving money away.”
Davis Smith Feb 21, 2025 ▶ 24:31 Cotopaxi’s Davis Smith: Lessons from scaling a mission-driven business | Masters of Scale
Feb 21, 2025
Disclosure
Davis Smith plans to return to Cotopaxi as Executive Chairman
“I suspect I'll probably go back to Cotopaxi and not as a CEO. I think I've given that role up and I'm okay with that now. I maybe play an executive chairman kind of role where I can still be very involved in our mission and our purpose and the culture.”
Davis Smith Feb 21, 2025 ▶ 36:44 Cotopaxi’s Davis Smith: Lessons from scaling a mission-driven business | Masters of Scale
Feb 21, 2025
Assertion Supported
Cotopaxi hired a Chief Impact Officer before hiring a single marketer
“We had a chief impact officer before we had a chief marketing officer. We didn't have a marketer.”
Davis Smith Feb 21, 2025 ▶ 27:51 Cotopaxi’s Davis Smith: Lessons from scaling a mission-driven business | Masters of Scale
Feb 21, 2025 positive
Assertion Not checkable as stated
Cotopaxi's uniquely designed one-of-a-kind bags saw near-zero return rates
“And the return rate was like zero, like whatever they got, no matter how funky it was, they were, they loved it.”
Davis Smith Feb 21, 2025 ▶ 1:12 Cotopaxi’s Davis Smith: Lessons from scaling a mission-driven business | Masters of Scale
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