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Consumer VC: Venture Capital I B2C Startups I Commerce | Early-Stage Investing I Brands | Technology

Mike Salguero (ButcherBox)- How He Bootstrapped ButcherBox to $600 million, Why He Didn't Take Any VC Money, And Lessons From Raising Money at CustomMade

02 May 2023

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Thank you Daniel Gulati for introducing me to our guest today, Mike Salguero. Mike is the founder and CEO of ButcherBox, which delivers 100% grass-fed beef, free-range organic chicken, humanely raised pork, and wild-caught seafood directly to your door. ButcherBox is a unique brand that we’re covering on the show since it’s not venture-backed but bootstrapped to $600 million in sales. Previously, Mike was the CEO at CustomMade which was venture-backed. We discuss some of the differences between venture-backed and bootstrapped companies, when he knew that ButcherBox was going to be bigger than he intended, how to find businesses based on the lifestyle you lead, and their growth journey. ***Sponsor***This issue is brought to you by Vauban from Carta. Vauban from Carta is the easiest way to launch & run your venture investing. They offer SPVs, and fund vehicles for GPs at all stages of the journey - from your first syndicate to operating a multi-million dollar venture fund. Their end-to-end platform automates your back-office and manual workflows so you can focus on what matters: finding the next unicorn & building investor relationships.Click Here to Get Started - https://structurer.vauban.io/

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