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

Why building & investing in hardware is overlooked // Vijen Patel, Co-Founder of The 81 Collection and Pressbox


Listen Later

Hey friends,

Our guest today is Vijen Patel, who is the co-founder of Pressbox (now Tide Cleaners) and The 81 Collection. Pressbox was a 24/7 dry cleaning and laundry service that Vijen bootstrapped to a very successful exit to P&G. The 81 Collection is a VC fund that focuses on the hard industries.

We discuss:

* Why he had no choice but to bootstrap his dry cleaning tech business

* His approach to scale and expanding to multiple cities

* How P&G tried to destroy his business

* Why he eventually sold to P&G and became CEO of Tide Cleaners

* The founding story of The 81 Collection

* Why investing in hardware is under rated



This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.theconsumervc.com/subscribe
...more
View all episodesView all episodes
Download on the App Store

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