Limited Supply

S6 E2: From Billions to Bankruptcy: How SmileDirectClub and Dollar Shave Club Fell From Grace


Listen Later

Lululemon, Mirror, Dollar Shave Club, SmileDirectClub, WeWork... In this day and age, it’s insane that businesses can literally disappear overnight. Except for maybe that last one… because honestly, we all saw that one coming.  

This week, Nik and Moiz are giving all the dirty details straight from the bankruptcy files of Dollar Shave Club and SmileDirectClub’s legal filings. They’re diving deep to break down the dismantling of these once-promising e-commerce brands, dissecting how SmileDirectClub went from a $9 billion evaluation into nearly $900 million worth of debt and detailing how the acquisition of Dollar Shave Club from Unilever fell apart. 

And later, they guys touch on other topics, including Alo Yoga's rumored fundraising efforts and the challenges faced by e-commerce brands in 2023. 


Take a year off from running your Shopify business and get paid monthly with OpenStore Drive. OpenStore’s experts handle everything, from marketing to logistics to customer service. Head to open.store/limited for details.

Shopify businesses with more than $500k in yearly net sales qualify.


00:00:00 - New York's E-commerce and Marketing Updates

00:02:15 - Smile Direct Club vs. Dollar Shave Club

00:07:55 - Smile Direct's Bankruptcy and Debt Crisis

00:23:15 - The Challenges of Spending Billions on Facebook Ads

00:23:48 - Unilever's Regrettable Acquisition of Dollar Shave Club

00:33:05 - Roan Buys Out Investors for Growth

00:34:51 – Alo Yoga Seeks $10 Billion Valuation

00:39:34 - 2024 Outlook for E-commerce Brands

00:42:09 - Google Pricing Transparency and Charitable Business Ideas 


Want more DTC advice? Check out the Limited Supply YouTube page for more insider tips.

 

Check out the Nik’s DTC newsletter: https://bit.ly/3mOUJMJ

 

And if you’re looking for an instant stream of on-demand DTC gold, check out the Limited Supply Slack Channel for Nik and Moiz’s most unfiltered, uncensored thoughts.

 

Follow Nik:

Twitter: https://www.twitter.com/mrsharma

 

Follow Moiz:

Twitter: https://www.twitter.com/moizali

...more
View all episodesView all episodes
Download on the App Store

Limited SupplyBy Nik Sharma

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

148 ratings


More shows like Limited Supply

View all
The Tim Ferriss Show by Tim Ferriss: Bestselling Author, Human Guinea Pig

The Tim Ferriss Show

16,146 Listeners

The Foundr Podcast with Nathan Chan by Foundr Media

The Foundr Podcast with Nathan Chan

572 Listeners

Shopify Masters by Shopify

Shopify Masters

378 Listeners

How I Built This with Guy Raz by Guy Raz | Wondery

How I Built This with Guy Raz

30,190 Listeners

Marketing School - Digital Marketing and Online Marketing Tips by Eric Siu and Neil Patel

Marketing School - Digital Marketing and Online Marketing Tips

1,259 Listeners

Founders by David Senra

Founders

2,165 Listeners

Masters of Scale by WaitWhat

Masters of Scale

3,994 Listeners

The Game with Alex Hormozi by Alex Hormozi

The Game with Alex Hormozi

4,458 Listeners

My First Million by Hubspot Media

My First Million

2,647 Listeners

Acquisitions Anonymous - #1 for business buying, selling and operating by Bill D'Alessandro, Mills Snell, Heather Endresen, and Michael Girdley

Acquisitions Anonymous - #1 for business buying, selling and operating

246 Listeners

The Startup Ideas Podcast by Greg Isenberg

The Startup Ideas Podcast

202 Listeners

Marketing Against The Grain by Hubspot Media

Marketing Against The Grain

356 Listeners

OPERATORS by OPERATORS

OPERATORS

50 Listeners

Moneywise by Hampton

Moneywise

660 Listeners

The Koerner Office - Business Ideas and Small Business Deep Dives with Entrepreneurs by Chris Koerner

The Koerner Office - Business Ideas and Small Business Deep Dives with Entrepreneurs

247 Listeners