4min chapter

My First Million cover image

SVB Collapse Explained, D2C Brands That May Fail, And Suli's Next Venture

My First Million

CHAPTER

All Birds - What's Going on With That?

All birds are going to stop opening stores. They're only going to open three more stores this year. And those are places where they've already signed leases. So I think that, you know, the problem that they've been having is that their revenue is shrinking and their costs are really high. But my sense of what's going to happen to all birds is somebody we're here to bring your own laces from now on. We're going to have like cutting every corner here. We don't have running water in the office today. We're doing that every other day. What do you think in terms of like D to C? Are you sort of like that other way is dumb

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