AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
How to Fund a Shoes Company After the Link Exchange Sale
After the link exchange sale, I set some money aside for investing and also bought a bunch of apartments or lofts that were in that same building. As Zappos was growing, it was also losing more money and we also need more money for inventory. And so I ended up one by one selling off the apartments and... It's kind of like when in Monopoly, when you buy a hotel or houses and then you have to sell them, but you lose money on the sale.