How I Built This with Guy Raz HIBT Lab! Burn Rate: Andy Dunn
May 26, 2022
Andy Dunn, co-founder of Bonobos and author of "Burn Rate," opens up about his journey through entrepreneurship while battling bipolar disorder. He shares the emotional highs and lows he faced during pivotal moments, including his company's $310 million acquisition by Walmart and his personal life milestones. Dunn emphasizes the critical need for mental health awareness and support in the entrepreneurial world, showcasing resilience and the importance of vulnerability in addressing mental health challenges.
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Bonobos Launch and Co-founder Split
- Andy Dunn and Brian Spaley launched Bonobos in 2007 while at Stanford.
- They faced challenges, including a falling out in 2009, leading to Brian building Trunk Club.
Founder to Employee Transition
- Founders rarely desire to become employees after building their own companies.
- Selling a company often forces founders into employee roles, which can be humbling and challenging.
Hidden Struggles Amidst Success
- Despite a successful year in 2017, including Bonobos' acquisition and his marriage, Andy Dunn struggled privately.
- He experienced a recurrence of his bipolar disorder, leading to hospitalization and arrest for assaulting his wife.
