Money Rehab with Nicole Lapin
The Cautionary Tale of Outdoor Voices with Sammi Cohen
May 14, 2025
Sammi Cohen, creator of the Social Currency podcast, dives into the cautionary tale of Outdoor Voices, the once-thriving athleisure brand. She reveals how misaligned leadership and strategic mistakes led to its decline. Sammi discusses the implications of high valuations on consumer companies, drawing parallels with other brands like Away. The conversation emphasizes the importance of intentional fundraising and the need for entrepreneurs to maintain control over their ventures, making this a must-listen for aspiring business leaders.
24:53
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Outdoor Voices' rise and fall illustrates the dangers of neglecting financial fundamentals amid rapid growth and inflated valuations.
- The clash between management styles at Outdoor Voices highlights the need for founders to prioritize authentic connections with their customer base.
Deep dives
The Flexibility and Potential of Hosting on Airbnb
Working from anywhere allows for a change of scenery that can spark creativity and help overcome writer's block. Hosting on Airbnb offers a unique opportunity to monetize a property while experiencing new environments. By leveraging Airbnb's co-host network, individuals can simplify the hosting process, as co-hosts can handle guest interactions and property management. This arrangement not only alleviates the stress of hosting but also connects hosts with travelers, enriching both their experiences.