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Shipt

Instacart clone sold for $600M

5 transcript mentions
Mentions over time
5 total · by year · from the transcripts
’19’20’212’22’23’24’251’262
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  • Idea1 · 50%
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  • Acquisitions / M&A1 · 33%
  • Side Hustles1 · 33%
  • Real Estate1 · 33%
Shows up most in
#184Making Millions Improving Mobility, How to Beat Linkedin & Why You're Early Even When You're Late1×#89The Man Who Gamed Uber1×

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Bill SmithPerson2×AbhishekPerson1×Abhishek DhawanPerson1×AirbnbCompany1×AmazonCompany1×AngelListCompany1×Ben PatrickPerson1×Bill GatesPerson1×

In the moments

2 linked receipts
Billy

Bill Smith: serial founder who sold Shipt for $600M by age 33

Sam marvels at Bill Smith, who sold a credit card company in his 20s, then self-funded Shipt (an Instacart clone out of Alabama) and sold it for ~$600 million, and is now building Hello Landing, all by about age 33.

“So he started like a, uh, like a credit card company in his 20s and he sold it right away for millions of dollars. Then his second hit was starting Shipt. So Shipt was based out of Alabama. It was basically very similar to Instacart, but he self-funded it and then he sold it for like $600 million. Now he's got another thing and the guy's only like 33. He's got another thing called Hello Landing that I think is really badass.”
EP 184 · 4:08 · SAM
Read at 4:08
mfmindex.com№ 0184-248
Idea

Landing: a membership network of furnished apartments

Sam highlights Hello Landing (from Shipt founder Bill Smith): a $200/year membership giving access to furnished apartments across 13 cities, letting nomadic renters move month-to-month, e.g. a $3,000 Austin two-bedroom.

“They've got 13 major cities. You pay $200 for a yearly membership, and then you select a variety of furnished apartments, and then you get like a slight discount on, uh, staying there for a month at a time. So for example, they have a $3,000 2-bedroom apartment that's available July 2nd in Austin, and then you could spend a little bit more money and go to, uh, D.C., things like that.”
EP 89 · 26:36 · SAM
Read at 26:36
mfmindex.com№ 0089-1596