View from Seed

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4 Founders & Harvard MBAs on Finding Startup Traction & MBAs-as-Entrepreneurs

View from Seed

Georgiades (Zumper): I started working on Zumper seriously in the summer between my first and second years at HBS (2011), supported by generous HBS startup grants. We raised $400K seed round at the end of October of my second year. We thought that if we had built the best product, everything else would come easy.

Founder 120
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Chewy S-1: Category Leadership + Conveyor Belt Into Consumers’ Homes

View from Seed

Chewy sells tens of thousands of products from many 3rd party brands, as well as its own private label brands (though latter remains <10% of sales). Annual Net Sales By Customer Cohort. If you look at Chewy’s financials you’ll see a line item for Net Sales and a line item for COGS which includes #2, 3, and 4 above.