AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
3min snip
S6 E2: From Billions to Bankruptcy: How SmileDirectClub and Dollar Shave Club Fell From Grace
Limited Supply
Unpaid Debts of a Bankrupt Company and the Cost of Advertising
In this engaging and entertaining conversation, the speaker discusses the debts owed by a bankrupt company to various entities. They mention the owed amounts to law firms, a PR firm, an influencer marketing agency, Salesforce, Horizon Media, Bizarre Voice, Google, Facebook, FedEx, and UPS. The conversation also highlights the challenges of high cost per acquisition and lead, emphasizing the need for a significant budget to test ads. Starting a business in the high average order value category requires substantial funds, which can act as a moat against competition.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode