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Founder's Journal

Business Case Studies #1: Allbirds' Journey to IPO (Classic)

Founder's Journal

Morning Brew

Careers, Business, Entrepreneurship

4.81.1K Ratings

🗓️ 28 March 2022

⏱️ 17 minutes

🧾️ Download transcript

Summary

We’re serving up another miniseries, full of business case studies. In this classic episode, I talk about Allbirds, the sustainable lifestyle brand that filed for an IPO in 2021. I’m discuss their growth journey and touch on a few major lessons we can learn from it. [Allbirds is not a sponsor of this content in any way, just an interesting company case study] Check out full episode transcripts at https://foundersjournal.morningbrew.com to learn more, and if you have any ideas for our show, email me at [email protected] or my DMs are open @businessbarista. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

What's up everyone, this is Alex Lieberman, co-founder and executive chairman of Morning

0:04.8

Brew.

0:05.8

Welcome back to Founders Journal, my personal audio diary, where I give you the business

0:10.5

builder, the tools you need to think better in order to build better, whether that's

0:14.4

building a business, a team or a new product.

0:17.6

This week on Founders Journal, we're doing things a little differently.

0:20.7

We are dropping a mini series full of case studies that lay out a number of lessons you

0:26.1

can learn from successful businesses.

0:28.4

That means instead of just one episode, Monday, Wednesday and Friday, this week we're

0:33.2

giving you two, a new show that you won't want to miss, plus a classic episode you maybe

0:37.8

haven't heard before.

0:39.2

In today's classic episode, originally released on September 3rd, 2021, I talk about lessons

0:44.9

we can learn from all birds's IPO.

0:47.9

Let's hop into it.

0:51.9

So, let's rewind to 2017.

0:56.6

I'm working full time on Morning Brew, and I get a text from my sister, Sydney, who's

1:02.4

three years younger than me.

1:04.2

At the time, she was a junior at the University of Michigan, and I get a text where she basically

1:09.1

said, there's this new pair of shoes that I had to get that was revolutionary that her

1:14.7

and her boyfriend at the time were obsessed with.

1:18.2

I later found out that pair of shoes was the all birds wool runner, which is like the

1:22.9

OG sustainable everyday shoe made from marino wool.

...

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