Consumer VC: Venture Capital I B2C Startups I Commerce | Early-Stage Investing

How He Bootstrapped a Meat Business to $600 million // Mike Salguero, CEO & Founder of ButcherBox


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Hey Friends,

Thank you Daniel Gulati for introducing me to our guest today, Mike Salguero. Mike is the founder and CEO of ButcherBox. ButcherBox delivers 100% grass-fed beef, free-range organic chicken, humanely raised pork, and wild-caught seafood directly to your door.

We discuss:

* How raising $30 million from VCs at CustomMade shaped how he thought about company building

* When to take money from investors vs. bootstrapping

* What he originally wanted ButcherBox to be

* The main levers that accelerated growth

* What he got right about influencer marketing

* The next stage and growth opportunities for ButcherBox & more

This issue is brought to you by Vauban from Carta. Vauban from Carta is the easiest way to launch & run your venture investing. They offer SPVs, and fund vehicles for GPs at all stages of the journey - from your first syndicate to operating a multi-million dollar venture fund. Their end-to-end platform automates your back-office and manual workflows so you can focus on what matters: finding the next unicorn & building investor relationships.

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Consumer VC: Venture Capital I B2C Startups I Commerce | Early-Stage InvestingBy Mike Gelb