Limited Supply S3 E12: Stripe’s Falling Valuation / The Allbirds Pivot / The World’s Most Accessible Superhero
8 snips
Apr 5, 2023 AI Snips
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Episode notes
Gas Station Footage and Petty Theft
- Moiz Ali enjoys watching police chase videos on YouTube.
- Nikita Bier recounted accidentally stealing gum and the store's lenient punishment.
Allbirds' Struggles
- Allbirds, despite doubling their stores in two years, experienced their first negative growth quarter.
- Their average customer is in their 30s, with a 50/50 male-to-female ratio.
Wall Street's Expectations
- Allbirds' stock fell because their Q4 2022 sales were lower than Q4 2021.
- Wall Street punishes companies, especially young startups like Allbirds, for not meeting growth expectations.