Soho House

Soho House: 100,000 members, $3B IPO

Sam breaks down Soho House, a members-only club costing $2,000-$3,000 to join, which went public at a $3 billion market cap with 100,000 members despite heavy debt and COVID damage.

“It costs about $2,000 to $3,000 to join depending on how old you are. And they have 100,000 members and they recently went public at a $3 billion market cap and The reason why their business isn't great is they took on a lot of debt.”