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

Vijen Patel (The 81 Collection & Pressbox) - Why building & investing in hardware is overlooked

06 Dec 2022

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Our guest today is Vijen Patel, who is the co-founder of Pressbox (now Tide Cleaners) and The 81 Collection. Pressbox was a 24/7 dry cleaning and laundry service that Vijen bootstrapped to a very successful exit to P&G. The 81 Collection is a VC fund that focuses on the hard industries.We discuss:Why he had no choice but to bootstrap his dry cleaning tech businessHis approach to scale and expanding to multiple citiesHow P&G tried to destroy his businessWhy he eventually sold to P&G and became CEO of Tide CleanersThe founding story of The 81 CollectionWhy investing in hardware is underrated

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