63 min listen
How I Failed: From $250 million to 0, with Shyp Founder Kevin Gibbon
How I Failed: From $250 million to 0, with Shyp Founder Kevin Gibbon
ratings:
Length:
12 minutes
Released:
Jan 26, 2023
Format:
Podcast episode
Description
Shyp started in 2013 when Kevin Gibbon had the idea of taking the Uber model and using it for shipping. He created an on-demand service where customers would take a picture of what they wanted to send, a courier would come pick it up and then take it to a warehouse to be packaged and delivered using major shipping companies.
There was huge excitement when they launched. They were featured on the front pages of newspapers and Kevin was hailed as the ‘next Steve Jobs’. They were a hit with investors, raising their seed round within three months, their Series A the following year and their Series B the year after that. At their peak they were valued at $250 million dollars. But the company failed.
So, what went wrong?
Listen to find out.
If you have any feedback, we’d love to hear it. What would make the show better?
hello@secretleaders.com
Sponsor links:
otta.com/secretleaders
There was huge excitement when they launched. They were featured on the front pages of newspapers and Kevin was hailed as the ‘next Steve Jobs’. They were a hit with investors, raising their seed round within three months, their Series A the following year and their Series B the year after that. At their peak they were valued at $250 million dollars. But the company failed.
So, what went wrong?
Listen to find out.
If you have any feedback, we’d love to hear it. What would make the show better?
hello@secretleaders.com
Sponsor links:
otta.com/secretleaders
Released:
Jan 26, 2023
Format:
Podcast episode
Titles in the series (100)
Blippar: Jess Butcher building a business and a family: Jess Butcher is the co-founder of Blippar - the augmented reality giant. Founded in 2011, Jess has over 250 colleagues and as of 2016 raised a total of $100m valuing the business at a reputed $1bn and it’s also reported that they turned down an acquisition of £1.5bn. Jess gives us an insight into the founding days of Blippar and also what it's like building a behemoth of a business while also raising a family.This episode of The Secret Lives of Leaders was recorded at Stockton House in front of a live audience at the Foundrs Unconference. by Secret Leaders with Dan Murray-Serter