4min chapter

How I Built This with Guy Raz cover image

Harry’s Razors: Andy Katz-Mayfield and Jeff Raider

How I Built This with Guy Raz

CHAPTER

The Importance of Raising Capital for Growth

In 2014, I think our plan was to do like $10 million of revenue or something and by like June, we'd already done $10 million revenue. And then at the same time, we were recognizing we were running out of factory capacity. So as a result, we ended up raising a fair bit of capital. Part of that was obviously the quality of the product and the design and the price point. But did you also see Gillette lowering its price to start to match what you guys and some of the other competitive companies were offering at lower rates? Yeah,. I think actually when we really started to sort of have competitors take notice was after we launched a retail. We met target

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode