Build Your Tribe | Grow Your Business with Social Media cover image

The Box Subscription Business, Venture Capital vs Bootstrapping with ButcherBox Founder Michael Salguero - 224

Build Your Tribe | Grow Your Business with Social Media

00:00

Venture Capital

Custom.com sold for, I think it was like $140,000 a month after we purchased ours. We started that business as a subscription business where the maker would pay a fee to be on our site. The tide changed when Airbnb had come out and Uber was coming out. People were very excited about what the next two-sided marketplace was. So, our ability to kind of say that we were a two- sided marketplace meant there was the spigot was open on venture capital.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
 Get the app