No. Dollar Shave Club’s Exit was F***ing Great.
It’s essentially the template for small, disruptive consumer products companies. It’s also pretty impressive from a growth and valuation perspective:
- Only five years old
- Revenues in 2015 were $152m and are on track to exceed $200m in 2016 (>5% US market share)
- Subscriptions grew from 1,000 at year end 2011 to about 3.2m by July 2016
- Accepted $1B acquisition offer from Unilever (NYSE: UL) at 5x projected revenues