What you need to know: Pet supplements have risen in popularity because of the increase in pet ownership and humanization of pets. The $636m supplement market is expected to grow at a 5% rate, and CBD is leading the way. CBD sales are expected to increase at a 57% CAGR.
Her last job was technically for Walmart. Catharine Dockery, the founder of VC fund that specializes in vice, was chief of staff for Bonobos founder Andy Dunn. After Bonobos was bought by Walmart, she worked several months for the company that cared so much about maintaing a squeaky clean image it didn’t sell music with explicit lyrics in the 1990s.
See the necklace pictured above? Surprise, it’s a vibrator.
Pinterest hired Sahil Lavingia to build its iPhone app in 2010. He was 19, a college dropout and a self-taught coder. His stock options would end up being valued around $40m.
If you haven’t launched a job board in 2019, you’re missing out.
Beauty YouTube hit 168 billion views in 2018—nearly double the previous year’s—and investors pumped $303m into beauty tech startups in early 2018. Now, beauty businesses are investing in tech that lowers the barrier to online skincare purchases.
What you need to know: Sales of ebikes are eventually expected to comprise half of all bike sales, meaning about 75m units will be sold each year, up from about 30m currently. The United States could see one of the biggest increases: Some 300k ebikes will be sold this year and that number is expected to increase to 2m within the next few years and eventually 7m annually.
As a society, it’s advice we seem to be taking, as more people are investing in the experience economy.
We have on Gelena (@gelenasays) & Keith Wasserman (@Keith_Wasserman), a husband and wife Real Estate duo who borrowed $5k during the end of the 2008 recession and have turned it into a $1.3 billion dollar portfolio.
What you need to know: