Sramana Mitra: What is the logistics backend at this point? Mike Salguero: Multiple warehouses. We have four, soon-to-be six, warehouses. We had multiple cutters and farms. Sramana Mitra: Is this national?
According to a Allied Market Research report, the global data warehousing market is estimated to grow at a CAGR of 8.2% from $18.61 billion in 2017 to reach $34.69 billion by 2025. Last month, cloud-based data warehouse company Snowflake raised $479 million at a valuation of $12.4 billion from investors including Salesforce Ventures.
This feature from Gartner looks at the focus areas for CIOs to handle the increase in remote workers and digital fulfillment of market demand. For this week’s posts, click on the paragraph links.
Sramana Mitra: What is the logistics of packaging this? What format are you shipping this in? Mike Salguero: It’s basically pre-portioned. If you get a 10-ounce Ribeye, you’re going to get it in a frozen package. Right before Kickstarter, we realized that people didn’t just want beef. They wanted chicken and pork as well. We
Sramana Mitra: What channels are most of your content distributed on? Is it social media? Is it Facebook? Peyman Nilforoush: We assumed the same thing, that most of it will be on Facebook. However, it’s very specific to the kind of content. For example, we have a lot of B2B clients. A lot of times
Sramana Mitra: It’s so disheartening to see all these great businesses go through a Death by Overfunding. I’ve written extensively about this. Mike Salguero: What’s funny is with this business, we haven’t raised any money. We are way bigger and way more successful. So much of the success and where we are right now is
Sramana Mitra: Are you talking about the category that Outbrain and Taboola have been in? Peyman Nilforoush: They are the ad networks. Sramana Mitra: They were in the business of propagating and pushing content.
I’m publishing this series on LinkedIn called Colors to explore a topic that I care deeply about: the Renaissance Mind. I am just as passionate about entrepreneurship, technology, and business, as I am about art and culture. In this series, I will typically publish a piece of art – one of my paintings – and I request