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S3 E12: Stripe’s Falling Valuation / The Allbirds Pivot / The World’s Most Accessible Superhero

Limited Supply

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The Stock of Sketchers Is Up 25 Percent

Sketchers has gone up since all birds came out That doesn't surprise me Yeah, almost everybody actually has gone up in their category except them. I think early on uh, they were getting such a high valuation Like you know crocs Crocs was selling like 800 million dollars of shoes and valued at 800 million Dollars And all birds was selling like 200 million dollars of shoe and valued at 4 billion dollars The price of crocs stock went up because they're like look our valuation We're doing 4x that revenue and we're valued at one fourth of that stock valuationYeah, so I think theirs is gonna one more thing I want to talk about and then we can change subjects is on shoes

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