2min chapter

The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified cover image

Investor Stories 370: Lessons Learned (Nozad, Joaquin, Heitzmann)

The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified

CHAPTER

Intro

In this chapter, the CEO of a thriving meal kit company shares insights on achieving revenue growth and forging a partnership with Costco. The discussion highlights customer-centric strategies and the importance of convenience in meal preparation, concluding with a pitch for a venture capital management platform.

00:00
Speaker 1
Okay, before we get started with the episode today, we have one of our most popular guests back on the program. It's David Rabbe, the CEO of Tovala. Tovala is a meal kit company that has had three consecutive months of profitability. They've eclipsed nine figures in revenue, and they're launching their biggest retail partnership to date. Here is David. David, who's the retail partnership with? It's the beast at the Northwest, Costco. Costco. Beautiful. Tell me more. We've always thought Costco
Speaker 3
was the perfect partner for us, and we're roadshowing across the country from the Southwest to the Northwest to Illinois, giving people a taste of what Tavala has to offer. Amazing, David. Well, you've
Speaker 1
proved all the doubters wrong. Everyone said a meal kit business could not be built the way you've built it. And now with nine figures of revenue and one of the biggest retail partners around, I just have to give you a lot
Speaker 3
of credit. Thanks, Nick. We really focused on the customer problem. We get people high quality meals, takes 30 seconds to prep them. You get dinner on the table in 20 minutes or less. That's why we've been successful.
Speaker 1
Amazing. If you're in the audience and you'd like to get your own Tovala, check out tovala.com to get restaurant quality meals at the touch of a button. And I'd like to share a message from a key partner of ours that is innovating for investors. Listeners, are you a VC looking to streamline your investment operations? Sidecar is a best in class platform for managing SPVs and funds. Launch deals instantly, track funding in real time, and focus on what matters most. Visit sidecar.io to learn more. Now here's the show.

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