Fan Bi
Co-Founder of The Hedgehog Company, a buyer and advisor of ecommerce brands with 4 brands in their portfolio. Provides expertise on the value of e-commerce businesses.
Best podcasts with Fan Bi
Ranked by the Snipd community
May 9, 2025 • 50min
50% Of Shopify Businesses Are Worth $0 (With Fan Bi)
Fan Bi, Co-Founder of The Hedgehog Company, delves into the harsh realities of e-commerce valuations. He reveals that 50% of Shopify businesses could actually be worth nothing, despite their revenue figures. Bi shares insights from analyzing over 300 P&Ls, highlighting the pitfalls of margin traps and mispriced equity. He discusses why revenue isn’t synonymous with value, the importance of financial discipline, and how to identify red flags in valuations. This conversation is essential for founders who prioritize profit over vanity metrics.
Jan 29, 2024 • 46min
How He Buys Multi-Million Dollar Brands with Fan Bi, Founder/CEO of The Hedgehog Company
Fan Bi, Founder & CEO of Hedgehog, talks about valuing direct-to-consumer brands, challenges in the messy middle stage, expanding a DTC business to additional sales channels, and the Founder's predicament in the consumer acquisitions market.
