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Weee!

Asian grocery delivery, raised $82M

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  • Number1 · 50%
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In the moments

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Idea

Weee!: niche grocery delivery for ethnic foods is a real wedge

Shaan profiles Weee!, an Asian grocery delivery startup that raised $82M and 200 employees by serving an underserved cuisine, then generalizes the playbook: take a popular category and niche it down to a specific ethnography.

So these guys crush it. They've raised $82 million. So at first I was like, oh, this is interesting. Like, this is a potential investment.

Steal thisTake a mainstream category (grocery delivery, dating, meditation) and rebuild it for a specific, underserved ethnic or religious community.

EP 111 · 29:28 · SHAAN
Read at 29:28
mfmindex.com№ 0111-1768
Number

Weee! 7x'd revenue to ~$280M after expecting $40M

Sam reads Weee!'s growth numbers: $16M revenue in 2018, an expected $40M in 2019, then a 7x jump that put them near $280M.

$280M
Weee! revenue after 7x growth · USD/year
'18 revenue, 2018 revenue was $16 million, 2019 they said they expected $40 million, and then they 7x'd revenue from, from the expected $40 to, uh, What's 7 times 40? Yeah, like 280. Holy shit. So they're growing like crazy.
EP 111 · 31:50 · SAM
Read at 31:50
mfmindex.com№ 0111-1910