Meet the man who sells $89 million of diapers each year online
1–10 of 20 posts
Re: Meet the man who sells $89 million of diapers each year online
#2Sounds like fun. I wonder though: if all he wanted to do was maximize his net worth, would he be better off hiring a statistics graduate student who knows R and training his replacement so he could go start another company?
Re: Meet the man who sells $89 million of diapers each year online
#3Sounds like fun. I wonder though: if all he wanted to do was maximize his net worth, would he be better off hiring a statistics graduate student who knows R and training his replacement so he could go start another company?
No, since maximizing net worth involves much more to do.
Re: Meet the man who sells $89 million of diapers each year online
#4Heh, reminds me of Ashton Kutcher in the movie "A Lot like Love". His startup (which ultimately tanked in the movie) was an online diaper store.
Re: Meet the man who sells $89 million of diapers each year online
#5> The year we started, our gross margins were 4.6 percent. Today, they're in the teens.
Does this mean that they earn 8.9 million every year? Or the headline mentioning "89M $" is already a "clean income" figure?
Re: Meet the man who sells $89 million of diapers each year online
#6> The year we started, our gross margins were 4.6 percent. Today, they're in the teens. Does this mean that they earn 8.9 million every year? Or the headline mentioning "89M $" is already a "clean income" figure?
I read the 89M as a topline gross revenue -- so 11.57M if that "teens" (i.e. 13%) figure applies to the past year. He's more or less admitting he can't scale while retaining that, but it's still a nice chunk of change to reinvest into growth.
Re: Meet the man who sells $89 million of diapers each year online
#7Heh, reminds me of Ashton Kutcher in the movie "A Lot like Love". His startup (which ultimately tanked in the movie) was an online diaper store.
Sounds like this guy sells a lot more than just diapers (such as car seats), the title might be a little misleading.
Pretty interesting story, thanks for posting.
Re: Meet the man who sells $89 million of diapers each year online
#8Throughout the story I kept wondering 'how old is this company?'. Till the end I could not tell.
Re: Meet the man who sells $89 million of diapers each year online
#9Throughout the story I kept wondering 'how old is this company?'. Till the end I could not tell.
Very true. Likewise, throughout the story I kept wondering how did they start? Till the end I could not tell.
Re: Meet the man who sells $89 million of diapers each year online
#10Throughout the story I kept wondering 'how old is this company?'. Till the end I could not tell.
Founded in 2005