Assertion certainty 4/5 debate potential 3/5

Robbins: Handel generates higher revenue and margins than typical 7-Elevens

Chase Robbins · VCs Debate: Is This Hyperlocal Delivery Business Worth a $3 Million Seed Round? · Nov 23, 2023 · at 3:01

Chase Robbins pitches his campus dark-store delivery company Handel to venture capital investors on The Pitch.

0:00 / 0:06exact quote · 6.9s
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“Our stores generate more revenue and a higher margin than a typical seven 11, and so we see the future as very bright for our business.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Chase Robbins

Assertion Not checkable as stated
Robbins: Handel's customer acquisition cost is under $1
“So our customer acquisition cost is actually under a dollar.”
Chase Robbins Nov 23, 2023 ▶ 5:06 VCs Debate: Is This Hyperlocal Delivery Business Worth a $3 Million Seed Round?
Assertion Not checkable as stated
Robbins: Handle stores generate more revenue and higher margins than typical 7-Elevens
“Our stores generate more revenue and a higher margin than a typical seven 11.”
Chase Robbins Mar 4, 2025 ▶ 3:11 #126 Handle: The Uncut Pitch
Assertion Not checkable as stated
Robbins: Handle's customer acquisition cost is under one dollar
“So our customer acquisition cost is actually under a dollar.”
Chase Robbins Mar 4, 2025 ▶ 5:16 #126 Handle: The Uncut Pitch
Prediction Not checkable as stated
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…”
Chase Robbins Mar 4, 2025 ▶ 10:33 #126 Handle: The Uncut Pitch
Assertion Supported
Robbins: Campus security blocks DoorDash after 10 p.m. while Handle couriers enter
“In the evenings, because of COVID, schools have gotten incredibly tight around who's allowed on campus. So if I'm a USC student, after 10 p.m., I actually can't get a DoorDash delivery, even to the building I'm in, much less my door. Because we're using studen…”
Chase Robbins Nov 23, 2023 ▶ 17:37 VCs Debate: Is This Hyperlocal Delivery Business Worth a $3 Million Seed Round?
Insight
Robbins: Most businesses currently fundraising probably shouldn't raise capital
“I actually think most people probably shouldn't fundraise. I think most businesses that are fundraising probably shouldn't fundraise.”
Chase Robbins Mar 4, 2025 ▶ 50:28 #126 Handle: The Uncut Pitch
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