Brian Lee and James Thomson invested early in Skubana
Chad Rubin · 1347 "Our minimum is $500m" Says Ecommerce Tool CEO · Apr 2, 2019 · at 7:44
Chad Rubin, CEO of e-commerce operations platform Skubana, outlines the angel and strategic investors who participated in Skubana's funding round.
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“And then eight, eight, eight is Brian Lee from shoe dazzle, honest company, legal zoom James Thompson, who one of the early employees of Amazon, who's founder of the prosper show.”
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More from Chad Rubin
Chad Rubin's minimum acquisition price for Skubana is $500 million
“My min is five hundred million, firstly.”
Rubin: Jet.com acquisition won't fix Walmart's customer churn problem
“Well, I think the biggest issue with Walmart and jet is churn, right? Repeat customers. And so buying jet doesn't help the issue of churn because most of those buyers on jet are just looking for a deal and are one-time buyers.”
Skubana's addressable annual logo churn is 3% to 5%
“I think we're right at the, right now, if you look at our addressable churn, we're right at the average, three to five percent.”
Rubin: Skubana has lost only one customer paying over $1,000 monthly
“So we've lost one customer that's been paying over a thousand dollars a month in the history of our company.”