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Adapting: Mystery - How to Grow When Your Original Business Goes to Zero (with cofounders Shane Kovalsky & Vince Coppola)

Adapting: Mystery - How to Grow When Your Original Business Goes to Zero (with cofounders Shane Kovalsky & Vince Coppola)

FromACQ2 by Acquired


Adapting: Mystery - How to Grow When Your Original Business Goes to Zero (with cofounders Shane Kovalsky & Vince Coppola)

FromACQ2 by Acquired

ratings:
Length:
64 minutes
Released:
Apr 7, 2020
Format:
Podcast episode

Description

LP announcement: we now have an LP Gdrive! You can find full transcripts of LP Episodes and video recordings of LP Calls there: https://drive.google.com/drive/u/1/folders/1PX_6bUsHJRN3eZsCH5K8m-9OfHTOuFXH We're joined for a special LP Adapting episode by the cofounders of Mystery, a Seattle seed-stage startup that we've mentioned before on Acquired and was started by early Convoy employees. In ordinary times, Mystery sends customers on magical date nights and group outings throughout the city with no planning or decision making required -- an "easy button" for date night. Of course, we no longer live in ordinary times, and Mystery has undergone an incredible transformation. Within the span of a month, the company went from having "found" product market-fit and nearly completing a fundraise, to 100% of their business evaporating (and literally pitching Sequoia on the same day they released the Black Swan Memo), to then launching a completely new stay-at-home product and that not only recovered all of their revenue but meaningfully grew the business. We hope you all enjoy this conversation, and take some inspiration for navigating your own businesses through these stormy seas! Links: https://www.trymystery.com
https://sandwich.co 
Released:
Apr 7, 2020
Format:
Podcast episode

Titles in the series (99)

ACQ2 is Ben and David's conversations with expert founders and investors. Acquired the stories of great companies — and ACQ2 dives deeper into the lessons we can learn from them, often with the protagonists themselves.