At the time did $170m in revenue with 700 employeesįounded by Rich Barton (we’ve spoken about him a few times before). Glassdoor shows average and anonymous salaries but can be inaccurate They were acquired for $1.2B in 2018. The company continues to publish a lot of it’s financials and all employee salaries.
Open salaries is part of the culture of some companies. Open salaries: Should companies publish employee salaries? Open salary data is becoming a legal requirement, starting with 🍃 Colorado: "From 2021 employers must disclose pay rates or ranges in job postings for jobs that could be worked in Colorado (including remote)" Source He predicts the business does 8-figures in revenue. Supermetrics (): Marketing data plugin Sam uses. Most people already manage their money on a spreadsheet, Tiller Money just makes it easier to do so. Tiller Money (): Personal finance nerd Sam loves the simplicity of this plugin. They can be light, simple tools that can gain huge adoption quickly. Plugins are great businesses because they are sticky and capitalize on an existing platform and user base. Spreadsheet plugins: The guys have talked Chrome plugins and browser extensions in the past, but an overlooked niche is spreadsheet plugins. Make junk food or simple food ultra-fancy (tater tots, mozzarella sticks) Make it huge (huge sundae, massive pizza cookie, sushi-rito, massive KitKat)įrankenfood: combine two different foods (cronut, pancake cereal, donut cereal, cream cheese, bell pepper, desert burger, ramen burger, spaghetti donuts, fairy bread)įood allergy or remove stuff from it (vega ice cream, Banza) Make it in an unusual color (rainbow bagel, rainbow kettle cork, green ketchup, cloud bread) Make a side ingredient the main thing (cheese, cookie dough) This is a potential $10m business today.įormula: Sam breaks down how these companies are going viral, and how you can copy. My Cookie Dealer is estimated to be doing $200k per weekly drop. Why it’s big: These work because it’s at the intersection of many trends: cloud kitchens (no need for expensive restaurant infrastructure), DTC (no need to get costly distribution deals and shelf space) and have virality baked into them. The food companies of Instagram: Companies, 1-900-Ice-Cream, and Allie’s Banana Bread are crushing it on IG with food drops that sell out in seconds.
They heard Sam complain about needing a recording studio and offered to do the work. Rewarding hustle: MFM is hiring two kids to do video production because they took the job without permission. The summary for this episode is: MFM #157 This is a podcast episode titled, #157 - Instagram Food Drops Making $200k a Week, Chrome Extensions That are Crushing It & Open Salaries.
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