Chase Robbins
20 statements across 2 episodes · 9 bullish · 2 bearish · 2 people on the record · first statement Nov 23, 2023 by Chase Robbins · across every show →
On the record as a speaker too: Chase Robbins's record, appearances and statements → this page counts the times other people say the name.
Everything said about Chase Robbins, oldest first
Nov 23, 2023 positive
Robbins: Handle ties campus GM bonuses to store net income
“We have recently rolled out a new comp structure where they're actually being held accountable to the store level PNLs. So they're able to kind of define their earnings. By what the net income of is, what the net income of their store is based on the percentag…”
Nov 23, 2023 positive
Yin: Handle should optimize existing campuses for cash before expanding
“Yeah, he's better off optimizing the campuses he has, and really, you know, making them very cash efficient, huge revenue generators before moving on to the next campus, but I feel like so many investors are fixated on, let's expand all these campuses.”
Nov 23, 2023
Robbins: Handel generated $1.2M lifetime sales with ~25% gross margin
“To date, we've done 1.2 million in top line sales. On that, we've spent roughly 600,000 on inventory sold. That's, like, our cogs. And then when you add in the pick pack delivery labor, that's about 20%, and the rest is take for us. So, you know, roughly 30% b…”
Nov 23, 2023 positive
Nov 23, 2023
Robbins: Opening a Handel store costs $60K upfront plus $60K burn
“Right now, our plan is to launch 11 locations over the next 18 months. To give you an idea of opening a location, it's roughly 60 K in upfront investment to get the licenses, build out the store, purchase the inventory, and then it's roughly 60 K burn over the…”
Nov 23, 2023 positive
Yin: Hustle Fund passes on Handle, but considers personal angel check
“So from the perspective of the fund, we'll be out, but I think, you know, given where you are with your fundraise, if you end up, you know, raising a price round or whatever this is with those funds, I would love to see if I might be able to write a very, very…”
Nov 23, 2023 bullish
Nov 23, 2023
Mar 4, 2025 positive
Mar 4, 2025 neutral
Yin: Handle should optimize existing campuses before expanding footprint
“Yeah, he's better off optimizing the campuses he has, and really, you know, making them very cash efficient, huge revenue generators before moving on to the next campus, but I feel like so many investors are fixated on, let's expand all these campuses.”
Mar 4, 2025 neutral
Mar 4, 2025
Handle introduces GM compensation tied directly to store-level net income
“We have recently rolled out a new comp structure where they're actually being held accountable to the store level PNLs. So they're able to kind of define their earnings. By what the net income of is, what the net income of their store is based on the percentag…”
Mar 4, 2025 bullish
Robbins: Mature Handle stores will generate $2M in revenue and $500K profit
“There are 500 universities in the U.S. Where, that we've identified are viable markets for this, and if you just do the napkin math, our average store at maturity is going to be doing two million a year, so it's a billion in revenue, and then it's about 25% of…”
Mar 4, 2025 bearish
Mar 4, 2025 positive
Mar 4, 2025 bullish
Robbins: Handle sees direct correlation between hiring couriers and customer signups
“Our delivery couriers, we intentionally overstaff because they turn into brand ambassadors, and then they go in and bring their own community inside the school onto the platform. And we've seen the data and the direct correlation between hiring new employees a…”
Mar 4, 2025 neutral
Mar 4, 2025
Robbins: Built all Handle tech including apps and internal dashboards
“I actually built all of our tech so I'm kind of a software engineer by trade, but yeah, so we have, Application for our couriers. We have an application for our customers, and then we have internal kind of administrative dashboards, order management software, …”
Mar 4, 2025 negative