
S3 E12: Stripe’s Falling Valuation / The Allbirds Pivot / The World’s Most Accessible Superhero
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The Problem With All Birds
All birds is supposed to be super high growth young startup, right? Like it's not like Nike where everyone's got a pair and you're like did you come out with new styles that captivated the market It's like this is a young company that's doing 300 million dollars in revenue. You're not already You're not growing you're losing money and you're not growing. How are we gonna make money on this business if you can't grow top line and you're losing a fortune? Did they say how many employees working all birds like do we know the Revenue per employee?" "I don't know the revenue per employee I'm sure they say it or how many employees work there
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