Posted on 03/30/2022 2:15:59 PM PDT by NohSpinZone
The founder is exactly what you might think she would look like.
The aptly named Zero Grocery.
Where did the $12 million go?
To any normal, non-woke businessman (person?) this sounds very much like flat out fraud.
Startup business fails, blacks and women most affected.
Oh no, no, no! You don't understand how things go in The Bay Area. Anything less than $12 billion was completely inadequate for a boffo idea like this one. Anything less is "chronically undercapitalized." They were set up to fail!
Now go pay your taxes, serf.
And I love when the the left betrays and cheats its own!
Zuleyka Strasner pitched 263 investors to raise capital for her zero-plastic grocery delivery company. She discusses leveraging your network, the power of persistence, dealing with hundreds of nos, and how finding the right investors can help you flourish.
Did you know the vast majority of recycling doesn't actually get recycled?Source: Founders Suite.Like many, Zuleyka Strasner wasn't aware of the unsettling studies that showed only 9% of plastic recycling is properly salvaged for other products. When she came to this realization a few years ago, she decided to go plastic free.
In 2018, she founded her own zero-waste grocery delivery company called Zero Grocery. "The goal here is to radically ... radically shift the supply chain," Zuleyka says.
Zuleyka began with zero capital and lofty fundraising goals. She assumed she would meet maybe 20 people, and a few of them would cut her some checks adding up to $500,000. In reality, she ended up meeting with 263 people for that first round.
"I wasn't prepared for it to be such an arduous process to kind of convince folks of what I was doing. Remember, I had no team, it was just me. So I really had to sell me [and] my vision," she explains.
Since then, Zuleyka has raised $4.7 million in two years, and business is booming.
In this episode of How I Raised It, Zuleyka discusses leveraging your network, the power of persistence, dealing with a barrage of nos, and finding the right investors that can help you not only grow, but flourish.
The business owners said all they can do now is learn from their experiences.
Of course. What else would it be!
I would hope so! Accounts receivable is your friend, small businesses.
Ie) We lose money on every sale, but hope to make it up by doing having even more sales. Why won't people give us more money to burn?!
Carrot Top gave up on comedy? :)
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"Shut up!"
I guess it worked for Amazon.
Well, defrauding your vendors is certainly one way to accomplish that.
Is that zir chosen pronouns or are you just making this up?
“Berkeley’s Boichik Bagels”? Boi-Chik?
It could simply be somebody’s last name. However...
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