Bsharah Passes on Locker Over Concerns About User Retention and Lock-In
Al Bsharah · #125 Locker: The Future of Online Shopping · Mar 4, 2025 · at 13:48
Investor Al Bsharah passes on Christine Locker's pitch for shopping app Locker on The Pitch.
0:00 / 0:21exact quote · 21.6s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“And my, I think one of my bigger concerns is how you become sticky. I think shoppers, they're fickle. They go to the next shiny object when something comes along. And I haven't seen that thing that makes you that like that, that locks these people in in a way that they don't want to leave. And so for that, like I, this would be a pass right now.”
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 Al Bsharah
Bsharah: PE offered VCs an observer seat and 18-month CEO retention guarantee
“They essentially said, They would give us a board observer seat and promise not to fire the CEO for 18 months.”
Bsharah doubts Amateur Golf Society will hit exit targets in three years
“Like, I don't feel like you're going to get there in three years.”
Al Bsharah: Active founders should hold four investor conversations every few days
“You should be having four conversations every couple of days, if not every day.”
Bsharah Praises Locker for Retaining 25% of Chrome Extension Users Monthly
“The top part of the funnel was good. Like, I mean, for a Chrome extension, you've got 25% of people who've ever downloaded, like, they're actively every month. That feels pretty strong, but everything below that was missing, right?”
Bsharah: Online shoppers are fickle and lack platform loyalty
“I think shoppers, they're fickle. They go to the next shiny object when something comes along. And I haven't seen that thing that makes you that, like, that, that locks these people in in a way that they don't want to leave. And so for that, like, I, this woul…”
Bsharah: Locker Chrome Extension Retains 25% of Downloaders Monthly
“The top part of the funnel was good. Like, I mean, for a Chrome extension, you've got 25% of people who've ever downloaded, like, they're actively every month. That feels pretty strong, but everything below that was missing, right?”