Apartment 2B
6 statements across 1 episodes · 3 bullish · 1 bearish · 1 people on the record · first statement Mar 25, 2024 by Alex Back · said 1 times in 1 episodes since 2024 · across every show →
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Everything said about Apartment 2B, oldest first
Mar 25, 2024 negative
Apt2B's acquisition was delayed over cash versus accrual accounting discrepancies
“And then we had like a snag right at the end in the last few weeks that delayed us about a month which was interesting. It had to do with the difference in cash basis accounting and accrual basis accounting that we were on. Cash basis, and they were on accrual…”
Mar 25, 2024 positive
Apt2B launched to bridge the market between IKEA and Crate & Barrel
“We're just, like, sort of bridging the gap between Ikea, which at the time was much seen as much more lower end quality, like, you know, as promotional as you can get, and Crate and Barrel, which at the time was seen as a little bit more high end. But there wa…”
Mar 25, 2024 neutral
Mar 25, 2024 positive
Apt2B crossed $1 million in annual revenue in 2014
“The big unlock for us of getting to a place where we really started to see it as a scalable thing was when we started shipping nationally. That was in 2013. Very few online furniture retailers were doing this at that point. It was the wild west. And I think th…”
Mar 25, 2024 neutral