Number
GoPuff: profitable on 500 campuses, then a $200-300M SoftBank check
Shaan describes GoPuff, the campus-focused instant-delivery company, as operating on roughly 500 campuses and doing hundreds of millions a year. It was profitable before SoftBank invested $200-300 million to fuel aggressive growth.
$300M
SoftBank investment into GoPuff · USD
“They're on like 500 campuses or something. They're doing hundreds of millions a year. They were profitable, then SoftBank backed up the truck and invested like $200-300 million into the company.”
Number
GoPuff: $163M/year on campus convenience delivery
Shaan cites GoPuff as proof the campus fast-delivery model works: it is doing about $163M a year, and he notes it has now raised $866M (with SoftBank backing).
$163M
Annual revenue · USD/year
“so they're, they're at $163 million a year, um, is the, is the thing. And I don't think they even raised that much money. Like, let me look at their fundraising for, for GoPuff. I don't think they raised too much. Oh no, they have now raised a lot. How much? $866 million.”
Billy
GoPuff: the vending machine that rolls to your dorm room door
Shaan marvels at GoPuff, a mobile convenience model that brings snacks, Red Bulls and condoms straight to college dorm doors, reportedly doing hundreds of millions in revenue on a dead-simple convenience premise.
“There's a company called Puffs or Go Puffs, you know this company? They basically— it's a little mobile vending machine that rolls around college campuses and will bring you like, you know, Cheetos and Red Bulls. Yes, Condoms. Awesome. And they're doing like, I think, I don't know the exact numbers, but I saw at one point, you know, hundreds of millions of dollars in revenue on this very simple business”