How Blue Apron Lost $1 Billion in Value! - A Case Study for Entrepreneurs

Поділитися
Вставка
  • Опубліковано 4 чер 2024
  • In this weeks case study, The Biz Doc discusses How Blue Apron Lost 1 Billion in Value (DAMN!).
    Sprinters train carefully to perfect their form in order to win and set world records - they don't try to pole-vault.
    So why do CEOs and businesses jump into seemingly related lanes and justify it by saying, "Hey, it's all track and field?
    Well, Blue Apron just tried to pole vault. It's is tanking and it's only going to get worse. Here's my case study explaining it.
    Visit the official Valuetainment Store for gear: www.valuetainmentstore.com/
    Watch, share and subscribe to Valuetainment bit.ly/2aPEwD4
    Blue Apron: Blue Apron Inc. is an ingredient-and-recipe meal kit service. It exclusively operates in the United States.
    Valuetainment Posting Schedule:
    Monday- Motivation
    Tuesday- How to Video with Patrick Bet-David
    Wednesday- Vlog
    Thursday- How to Video with Patrick Bet-David
    Friday- Case Studies with Biz Doc Tom Ellsworth
    About Valuetainment: This channel is about providing a hybrid of information and education for entrepreneurs. Every video is created with a purpose of providing value and entertainment, hence Valuetainment.
    Patrick Bet-David, the creator of this channel has decades of experience, unique perspectives and experience that he wants to give back to the world of entrepreneurs. Why? Patrick Believes that 100 percent of the worlds problems can be solved by entrepreneurs. He is also an active CEO and leads a financial services sales force of over 3,000 agents across the U.S.
    To reach the Valuetainment team you can email: marketing@patrickbetdavid.com
    Follow Patrick on social media:
    Website: www.patrickbetdavid.com
    Snapchat: / patrickbetdavid
    Facebook: / patrickbetdavid.valuet...
    Instagram: / patrickbetdavid
    Twitter: / patrickbetdavid
    Linkedin: / patrick-bet-david-3731553

КОМЕНТАРІ • 415

  • @StaticImage
    @StaticImage 6 років тому +378

    I have no idea why in the world UA-cam recommended this video to me, as I don't have any history in topics such as this. But man... am I glad it did. This was surprisingly interesting, entertaining, and informative. Good show.

    • @VALUETAINMENT
      @VALUETAINMENT  6 років тому +6

      +StaticImage - I appreciate your kind words! Thanks for watching! - Tom

    • @TaranVH
      @TaranVH 6 років тому +3

      StaticImage the algorithm is getting smarter.

    • @kuyaleinad4195
      @kuyaleinad4195 6 років тому +1

      Same XD
      I rarely watch Business/Entrepreneur videos XD

    • @VALUETAINMENT
      @VALUETAINMENT  6 років тому +1

      +StaticImage - Appreciate those kind words!!! Thanks - Tom

    • @ReubenJBrown
      @ReubenJBrown 6 років тому +1

      same for me! but super well explained and engaging video!

  • @libertylovinglibertarian2528
    @libertylovinglibertarian2528 6 років тому +172

    There are lots of kids in college who paid good money for that same lecture we just heard. EXCELLENT.

    • @sunnohh
      @sunnohh 6 років тому +6

      Liberty Loving Libertarian what joke of a college are you thinking of? I mean he’s really liberating community college level curricula but yeah sign me up for harvard any day.

    • @kyleirving1173
      @kyleirving1173 5 років тому +6

      If you think this is a uni lecture you must be pretty dumb

    • @AlexLococo
      @AlexLococo 5 років тому

      "I'm not a pedophile, but..."

    • @DanielLopez-xd6gy
      @DanielLopez-xd6gy 3 роки тому

      @@sunnohh maybe not Harvard but a hell of a lot better than some of my community and even 4 year professors.

  • @GrowingForever
    @GrowingForever 6 років тому +145

    Always enjoy these case studies - thank you !!

    • @VALUETAINMENT
      @VALUETAINMENT  6 років тому +4

      +Growing Forever We appreciate that you are watching Thanks - Tom

    • @Ron4885
      @Ron4885 5 років тому +1

      Growing Forever - Yes I agree. This guy is very good.

    • @jakekyler9254
      @jakekyler9254 3 роки тому

      i guess it's quite off topic but do anybody know of a good place to watch newly released tv shows online?

    • @georgekingsley3972
      @georgekingsley3972 3 роки тому

      @Jake Kyler i would suggest FlixZone. You can find it by googling =)

  • @DJUnionX
    @DJUnionX 6 років тому +87

    Can you do a case study on Dollar Shave Club? Their marketing strategies and growth?

    • @VALUETAINMENT
      @VALUETAINMENT  6 років тому +30

      +Belligerent - I love this idea and I had the opportunity to meet with their CEO and founder a few years back. Thanks - Tom

    • @cachorro25
      @cachorro25 6 років тому +1

      Or make a comparison with the dollar shave club.

    • @cachorro25
      @cachorro25 6 років тому +3

      Duh I meant the dollar beard club. Sorry!

    • @mipmipmipmipmip
      @mipmipmipmipmip 5 років тому

      Valuetainment doesn't amazon sell their own brand of shavers these days?

  • @markschiavone8003
    @markschiavone8003 5 років тому +3

    I kept waiting for him to say that "in the beginning the growth was so exponential was because people were signed up for weekly deliveries who really didn't know if they wanted it." so they were showing potential growth from these people who paid for a years commitment before knowing if they like it.

  • @MTB91SC
    @MTB91SC 6 років тому +50

    They advertise on podcasts like crazy. You can't listen to a podcast without hearing about Blue Apron. The script is the same too. "I can't even pronounce the names of these ingredients!" Ugh.

    • @VALUETAINMENT
      @VALUETAINMENT  6 років тому +3

      +Miller Brummett - You are correct. That marketing ain’t working for them! Thanks - Tom

    • @maxamaxa194
      @maxamaxa194 6 років тому

      Miller Brummett

    • @MarkProffitt
      @MarkProffitt 6 років тому +5

      I've never seen/heard a Blue Apron ad. I'm not their target market so they or their ad agency are getting that right.

  • @quartkneek3670
    @quartkneek3670 6 років тому +11

    You left out the part about how they sold themselves to VC's as a tech company in that wave of "nanny apps" that were meant to replace the helicopter moms... Uber/Lyft/Flywheel, HomeJoy, Postmates, TaskRabbit, etc created the milieu of services ordered via app. They were all basically just "me too" businesses that capitalized on the shift from web to app. I doubt Blue Apron ever really got a handle on their core business and just got good at telling people (VC's, Regulators, Analysts, etc) whatever was trendy at the time. It's no wonder their marketing costs went up because they kept changing their story and their value proposition to potential customers. Even before Amazon/Whole Foods happened, they had several other "dinner in a box" competitors in the premium as well as at the 'fresh' categories that threatened to squeeze them out of the sprinter's lane. To continue with your analogy, Blue Apron tried to play it off like they were never sprinting but running hurdles before the post-IPO shift to pole vaulting.

    • @VALUETAINMENT
      @VALUETAINMENT  6 років тому +2

      +Quartknee K - beautiful explanation! Thanks Tom

    • @mipmipmipmipmip
      @mipmipmipmipmip Рік тому

      It's taking a while, but it appears this tech overvaluation of mundane operations is finally cleaning up.

  • @mitchell.9632
    @mitchell.9632 6 років тому +7

    Food is something that inventory has to be carefully managed because it expires but everyone needs it so there is demand. Thanks for going back in-depth in your case studies Tom.

    • @VALUETAINMENT
      @VALUETAINMENT  6 років тому +1

      +Mitchell Smith - Hi Mitchell, great to see you here every week. You always make very intelligent observant comments. I really appreciate seeing you here. You're absolutely correct - if you're going to get in the food delivery business and get up against Amazon, you better know what you're doing. Thanks - Tom

  • @AgakAgakEngineer
    @AgakAgakEngineer 6 років тому +36

    One could argue that things panned out exactly how they wanted it to.
    The ipo was the exit plan for the initial investors, and I'm quite sure the two matts and one elia got themselves a nice slice of the pie as well. It doesn't really matter to them at this point what happens to Blue Apron: everyone who were there at the begining now got what they wanted, the only losers will be the share holders who are left holding onto the shares of a company that looks set to continue to dwindle in value.
    Like it or hate it, that's how things work right now: start a company, grow it, use growth figures to raise cash, use said cash to further feed the growth to raise even more cash later, look for a chance to exit before the whole thing collapses under its own weight. That's the script that many of these new fangled "tech" companies have been following for the last decade.
    In a way, you could even say that all they're doing is applying the underlying idea of ponzi schemes in a different and more legally and morally acceptable way

    • @VALUETAINMENT
      @VALUETAINMENT  6 років тому +4

      +Val Kueh - I appreciate your comments and I happen to agree with you most of the time. There are exceptions where the team is dedicated to run a quality company. Blue Apron does not look like one of them. Thanks - Tom

    • @mountainman6172
      @mountainman6172 5 років тому +1

      I can sniff 'one step above ponzi scheme' startup across the pond.

    • @shotgun6X
      @shotgun6X 5 років тому

      Agreed, except where you said it's "morally acceptable"

  • @uncommonsense5876
    @uncommonsense5876 6 років тому +69

    Better than any business school class..

    • @VALUETAINMENT
      @VALUETAINMENT  6 років тому +13

      +Rick Peterson I deeply appreciate that comment as well. Even more so because I actually teach strategy, marketing and negotiation at business schools and often I look around at the other classes and wonder what the students are really paying for. Thanks - Tom

    • @jas_bataille
      @jas_bataille 5 років тому +1

      Well I'm glad I found this channel. I start from the bottom but I negotiated a 20 bucks an hours job and a bag of weed from a random dude in the park... just by being cool and starting to seriously discuss with him instead of brushing him off as some weirdo.
      30 minutes down the road the guy says : "OK great ideas and all do you have income streams do you need income?" "well... I do need a dayjob.." "OK see you wednesday if you want to wok for the government doing nothing it pays 20 bucks an hour 10 hours a day. Plus free weed, cause I like you."
      Fuck mate I got lucky. xD

    • @mhamma6560
      @mhamma6560 5 років тому

      Rick, this isn't in a position to be labeled as better than a biz school class, this is highly complementary to teaching the fundamentals of business and economics. The purchasing of the ranch is literally one of the dumbest things they could have done given all variables in play.

  • @GudInformation
    @GudInformation 5 років тому +6

    I've tried 20 different boxes and liked Blue Apron the most for years. It taught me Chef's techniques and more. It was the best for a long time, but now there are so many competitors flooding the market, taking away from their market share. Blue Apron teaches you a lot about the food, prep, and how to build flavor or sauces and to feel like you go from cook to chef as you learn these difficult recipes that take an hour or more.. Now I like to eat more vegetarian and Vegan and blue apron does not offer diverse enough recipes compared to all organic Green Chef who has a vegan option. Their vegan option has so much color, nutrition and flavor I haven't ordered a blue apron box in a long time. Although the recipe's are better for vegan, they don't teach you anything on building flavors, because half of it is prepped and chopped.. Blue Apron, teaches you how to make plates you pay $20.00+ for at a restaurant and conquer new vegetables that you never thought you could cook or know how to cut. Its too bad they aren't watching their competition close enough to see they are beating them on some key points, Flavor, price, options, and speed of cook time.

    • @partlycurrent
      @partlycurrent 5 років тому

      Did you never give a shot of all the trash you created during that time?

  • @hickoryhomes6838
    @hickoryhomes6838 6 років тому

    Your presentation style is one of the best I have ever watched. I enjoy your Case Studies and learn so much that helps me every day in running my small start-up company. Thank you.

  • @loveless990
    @loveless990 5 років тому

    Thank you for doing all these case study. Very informative.

  • @MrThogin
    @MrThogin 5 років тому

    Great Channel, love the information, just subscribed

  • @MrMikeTauber
    @MrMikeTauber 6 років тому

    Very educational! He take a case study, explains it clearly, and shows how it relates to broader principals that any entrepreneur can learn from. THANKS!

  • @ricpel9975
    @ricpel9975 5 років тому +1

    I'm really liking your videos.
    This whole company (situation) just makes me think of a classic pump and dump operation. Three guys decide to sell expensive meals in a box to people that are too lazy or time constrained to go to the store to buy their own ingredients but have enough energy and time to prepare the meal. They start putting out flashy commercials with the strumming guitars and smooth voices that sell the idea of it being the latest and greatest thing that the hip and cool people are doing. Hey, you can get a gourmet meal in a box delivered to your door that you can say you made yourself! And of course with the controlling of so many by the power of commercials it takes off. That catches the eyes of the investment crowd, in comes the venture capitalist who feed in money and help build up the hype. When it approaches the boiling point they announce they're going public. Yes, now all you regular people can get in on the action if you like, invest, invest, invest! The venture capitalist gladly sell everything they can, walking away with their investment plus gains, while all the regular people (suckers) get left holding the bag, stocks in a company that is on the way down.
    If Wall Street, the investment crowd, and the get rich as quick and easy as you can mentality wasn't such a disaster to real business, our economy, and country, it would be hilarious. Instead, there are a whole lot of people that should be visiting the inside of a jail cell for a nice long stay. And the only reason so much of what has been going on in the investment world for the last 40 years is legal is because our government is bought, owned, and controlled by the same people committing the crimes. It didn't used to be legal for a company to buy back it's own stock, now it's a regular occurrence. Since the tax cuts a whole lot of those big corporations that were supposed to use the money to create new jobs and invest back into the businesses has been instead buying back their own stock. The CEO, the executives pay, and investors returns are tied to stock value, buy back the stocks, which pumps up the stock value, and cha ching, more easy money for them to put in their bank accounts. It doesn't get anymore crooked and corrupt as that, but oh yeah, it's all legal now.

  • @kevinyan6894
    @kevinyan6894 5 років тому

    love your videos! keep up!!

  • @ali2009tube
    @ali2009tube 5 років тому +1

    Please never stop making such valuable vedios
    Thank you

  • @Shawk95
    @Shawk95 6 років тому +17

    Tom Ellsworth
    What you do is quite different from Patrick. Wonder why you don't have a separate channel devoted to dissecting business successes and failures? Love your videos.

  • @thegrantkennedy
    @thegrantkennedy 5 років тому

    I love these case studies videos

  • @aftechslimited8039
    @aftechslimited8039 6 років тому +3

    Another Great Video Tom you are legend!!!

    • @VALUETAINMENT
      @VALUETAINMENT  6 років тому

      +Aftechs Limited HA! I appreciate that! Thanks - Tom

  • @batsukhbatzorig9742
    @batsukhbatzorig9742 6 років тому

    Hi Patrick enjoy learning from you and thank you for sharing.
    i am inspired and want to learn to sell please what do you recommend?

  • @johnmorelli8222
    @johnmorelli8222 4 роки тому

    Wonderful Analysis!!!

  • @the_original_dreamer
    @the_original_dreamer 6 років тому

    first video and I am hooked!, thanks

    • @VALUETAINMENT
      @VALUETAINMENT  6 років тому

      +Keith McGlon Thank you sir!! Thanks Tom

  • @chrislejune1564
    @chrislejune1564 6 років тому +11

    Thanks this will stick with me. Make companies compete instead of trying to do it yourself. Thanks Tom

    • @VALUETAINMENT
      @VALUETAINMENT  6 років тому

      +Chris LeJune - Thanks - Tom

    • @savorthepassion
      @savorthepassion 6 років тому

      Chris LeJune really good tidbit to pull. Sadly I forgot this one myself. Gotta make it happen.

    • @chrislejune1564
      @chrislejune1564 6 років тому

      Chris Martin Are you in business for yourself? What do you specialize in?

    • @savorthepassion
      @savorthepassion 6 років тому

      Indeed I am. I specialize in the food and beverage industry.

    • @chrislejune1564
      @chrislejune1564 6 років тому

      Chris Martin That's what I am wanting to get into. I want to start in cajun food restaurant. Working on start up money now.

  • @conrazon
    @conrazon 6 років тому

    Pefect episode!

  • @darlenelovescoach
    @darlenelovescoach 5 років тому

    Great point on the master your craft before doing anything.

  • @curryrice7510
    @curryrice7510 5 років тому

    Hi, biz doc. Great continent as usual. Thank you for everything.

  • @toquelau5715
    @toquelau5715 6 років тому +2

    Please consider a case study on Embraer! As a brazilian, would be interesting to see a deeper analysis of its global reach by an outsider. It's part of a very minute set of homegrown companies that enjoyed any success in the international market. Great channel by the way, just discovered it today! Andre

  • @SevenMileAgenda
    @SevenMileAgenda 6 років тому

    Love it!

  • @terencetay6617
    @terencetay6617 5 років тому

    Best channel yet

  • @aguy1883
    @aguy1883 5 років тому

    You need your own channel. You are a diamond in the cesspool that is Valuetainment.

  • @ibarramanuel66
    @ibarramanuel66 6 років тому

    Great job !!

    • @VALUETAINMENT
      @VALUETAINMENT  6 років тому +1

      +Manuel Ibarra - Always great to see you here! Thanks - Tom

  • @EdwardTay
    @EdwardTay 6 років тому +113

    short answer: Amazon

    • @VALUETAINMENT
      @VALUETAINMENT  6 років тому +17

      +Edward Tay that's pretty close to accurate. But, they could've done a better job carving out a niche for themselves so they would be ready to fight Amazon who is a very broad company. Thanks, Tom

    • @Andy1dude
      @Andy1dude 6 років тому +1

      Long answer: "Amazon" but for fifteen minutes.

    • @Hashdollars
      @Hashdollars 5 років тому +3

      Clearly you just wasted fifteen minutes. If Blue Apron has perfected their business model and adjusted their growth as time went on they would be worth over 2 billion today or been acquired by amazon or etc for several billion dollars instead of being now a model people use to learn from as they watch it die.

    • @ricpel9975
      @ricpel9975 5 років тому

      Yeah, just what everyone needs, Amazon to get bigger than they already are. Jeff Bezos isn't obscenely wealthy enough.
      I used to look at the kings and queens, royalty of the past, and wonder how they ever managed to stay in power considering how awful so many of them treated their subjects. Looking at the way so many people act today kissing up to people like Jeff Bezos, Bill Gates, Warren Buffett, the late Steve Jobs, etc., etc., it's pretty clear to see how they did so. Pathetically, in the year 2018, human beings still haven't learned from the past. And to think the United States of America was supposedly founded on breaking away from that worshiping of wealthy royalty. As a nation, we've certainly been driven backwards by the wealthy powers that be. Good old commercialization, if you control the means of communication you can sell and lead the public whichever way you desire.

  • @DingoAteMeBaby
    @DingoAteMeBaby 6 років тому

    i love you, Doc. amazing professor

  • @ontario39212
    @ontario39212 6 років тому

    Fantastic Content!

  • @TheRisky9
    @TheRisky9 5 років тому

    This is great supplement to my Supply Chain Management classes.

  • @StormyHotwolf88
    @StormyHotwolf88 6 років тому

    thank you for this. These are really interesting.

    • @VALUETAINMENT
      @VALUETAINMENT  6 років тому +1

      +StormyHotWolf88 Appreciate that. Thanks - Tom

  • @paxdriver
    @paxdriver 6 років тому

    Good work, thanks much! New subscriber

    • @VALUETAINMENT
      @VALUETAINMENT  6 років тому

      +Kristopher Driver Welcome to the group!! Thanks - Tom

  • @evanislost
    @evanislost 6 років тому +9

    The first thing I thought when I saw an ad for blue apron was what happens when youve received all the meals they offer? I think most of the appeal is the avoiding the work of finding and measuring all the ingredients, but once people are familiar with a recipe I think they'd realize how easy it is to just go to the store and get the same stuff for less money and use the recipe card they've already received. The idea of blue apron isn't sustainable, they would have to keep coming up with recipes to retain customers and even then, after a few shipments I think most customers would get over whatever it was that drew them to the idea of blue apron in the first place. They would realize that finding recipes online is easy, and a lot grocery stores do online ordering and in-store pickup or delivery. A decade, or more, ago Blue Apron would have made sense, but in 2017 the idea seems really outdated.

    • @VALUETAINMENT
      @VALUETAINMENT  6 років тому +2

      +evanislost - Good points and analysis. This kind of feedback helps everyone! Thanks Tom

    • @trones9204
      @trones9204 6 років тому +1

      I guess this depends on the amount of people you are cooking for. The biggest advantage that I see to this service is that they give you the amount of food you need for the recipe. I typically eat out because when I do go shopping I end up throwing out at least 50% of the perishable food. That being said, I haven't subscribed to any of these. There are a lot of corollaries between business and life; why buy a ranch (cook) when I can focus on my core competencies?

    • @bkaye2942
      @bkaye2942 5 років тому +1

      We actually tried the program for 3 months. Issues: 1) Preparation became burdensome & too complex, 2) With a three meal delivery the last meal becomes old, not fresh, 3) The packaging disposal was a significant problem, 4) Some delivery delays. Bottom line: Never again!

  • @DBabbers
    @DBabbers 6 років тому

    I love his personality- This is great!

    • @VALUETAINMENT
      @VALUETAINMENT  6 років тому

      +Deyanira Babcock - Appreciate the kind words! Thanks Tom

  • @evelic
    @evelic 6 років тому

    Very interesting video.

  • @beemer84
    @beemer84 6 років тому

    Thanks tom . .... back to the same old problem .... what are you solving for ... versus my ego is now so big I believe I can do it all .... and that is the beginnings of hubris .
    Wonderful case study ..... .... would be good if valuetainment to help start ups understand the signs when your business is growing to fast and what to do to manage such a wonderful problem

  • @lungelolekokotla2409
    @lungelolekokotla2409 6 років тому +1

    you did leave me better then i found you. great job, thank you

    • @VALUETAINMENT
      @VALUETAINMENT  6 років тому

      +lungelo lekokotla - Appreciate those words! Thanks - Tom

  • @aneeshussein
    @aneeshussein 6 років тому

    interesting company! Great episode 👍 Thanks Tom

    • @VALUETAINMENT
      @VALUETAINMENT  6 років тому

      +Anees Hussein - i'm glad you got something out of it. We are here for you every Friday! Thanks, Tom

  • @umiluv
    @umiluv 6 років тому +11

    Eh... there are only two reasons companies go IPO. 1) They need the cash to expand their business - like what Ben and Jerry's did so that they could purchase and build more manufacturing locations to broaden their reach across America. Or 2) the original investors want to cash out on their investment.
    Why go public and share the wealth with other shareholders if you can stay private and horde all the profits and keep control?
    Also going public is insane. The amount of staffing you need for the accounting and finance portion of your company becomes HUGE as well as the quarterly costs you need to spend to get your finances audited by a public accounting firm. The amount of additional work that's needed to make sure all your departments have controls that support your financials can also make you have to additionally staff some people in your other departments and will require additional training and convincing of your employees.
    Going public is not a choice to be taken lightly yet people have no idea the amount of work that is required to do it. That's why there are only a few reasons to go public because it's so much more cost effective to stay private along with keeping control of the company among a few shareholders and the board.

    • @umiluv
      @umiluv 6 років тому +3

      Lol... I see you actually noted that it's the cash out for the investors after I made my comment. People are so insanely clueless about IPOs and get overzealous about new public companies.
      Same goes for mergers and acquisitions and thus the ultimate "restructuring" that occurs which often devalues the company because many of the original employees who made that company leave and thus take with them the actual value of the original company.

  • @AlexpxThreeTen
    @AlexpxThreeTen 5 років тому

    These are great, thank you. Btw, are you sponsored by those on your shirt?

  • @kabelomk407
    @kabelomk407 6 років тому

    I HAVE ALLWAYS BELEIVED IN THIS CHANNEL LAST TIME I SAW IT,IT ONLY HAD A FEW SUBSCRIBERS AM PROUD TO HAVE SUBCRIBED TO THIS CHANNEL.

    • @VALUETAINMENT
      @VALUETAINMENT  6 років тому

      +Kabelo Mk Thank you - we won't let you down! Thanks - Tom

  • @stephenj1118
    @stephenj1118 6 років тому +3

    I fking love this channel! Thank you guys for providing all this knowledge!!

    • @VALUETAINMENT
      @VALUETAINMENT  6 років тому +1

      +stephen jang I effing love the early viewers like you! Thanks - Tom

  • @joelsmith5938
    @joelsmith5938 3 роки тому

    I would watch a whole channel about business case studies. Get on it, Patrick & Co!

  • @shevrd9978
    @shevrd9978 5 років тому +1

    this video helped me to realize who me and my business partner are..Thanks alot

  • @bobtaylon5898
    @bobtaylon5898 6 років тому +1

    I watch this channel because of these case studies! 👍👌

    • @VALUETAINMENT
      @VALUETAINMENT  6 років тому

      +Bob Taylon I deeply appreciate that you were watching. I hope we don't let you down. Thanks, Tom

  • @justincase5332
    @justincase5332 6 років тому

    Subscribing just for these case studies

    • @VALUETAINMENT
      @VALUETAINMENT  6 років тому

      +Justin Case Awesome! I hope we don’t let you down. Thanks - Tom

  • @robertj5208
    @robertj5208 2 роки тому

    Well done! Analysis aged well!

  • @markfrellips5633
    @markfrellips5633 5 років тому

    Some part of me says that their purchase of BN-Ranch was to consider independent sourcing to control their costs for the most expensive part of popular menu/recipe items. Examining a related success {?} story like Souper Salad, who source from multiple local farms near their locations and play commodity futures, we could probably assume that Blue Apron could learn a thing or two. Casually, it looks like commodity market exposure along with mismanagement are the largest vulnerabilities for this business

  • @methujeraya
    @methujeraya 5 років тому

    I really like it when The Biz Doc says "There's only one word for that and that is DAAAAAMN!!!!"

  • @aegisofhonor
    @aegisofhonor 5 років тому +1

    Blue Apron stocks have now hit near-junk status and is at risk of being delisted if they don't turn things around fast, things have gone from worse to catastrophic for the company as it scrambles to salvage what little it has left.

  • @bugsandry
    @bugsandry 5 років тому

    This video is quite relevant as shown in the drop of stock today

  • @ankyara86
    @ankyara86 4 роки тому

    I wish I could see an update on this

  • @milesclayborne
    @milesclayborne 6 років тому

    Omg I love this

    • @VALUETAINMENT
      @VALUETAINMENT  6 років тому

      +Miller Guy - Glad you stopped by! Thanks - Tom

  • @B3Band
    @B3Band 6 років тому +8

    Maybe they should have offered to sell to amazon as soon as Whole Foods came into the picture

    • @VALUETAINMENT
      @VALUETAINMENT  6 років тому

      +Blood Bath and Beyond Right!!! Thanks Tom

  • @moosadile6123
    @moosadile6123 5 років тому

    I love the enthusiasm and the info is well presented and interesting too. Although the way he stares at the camera almost the entire time kinda feels unsettling...

  • @georgekush349
    @georgekush349 4 роки тому

    Can you do a video on NIO? Would love to hear your thoughts. Thanks!

  • @samsadowitz1724
    @samsadowitz1724 6 років тому

    This is a very informative lesson. I have a concept in the food business, and while i see your analysis as common sense, it can be hard to maintain discipline when things are going too well for you in your business. And this helps in strategies for how to not jump the gun and go under by biting off more than you can chew. Thank you

    • @VALUETAINMENT
      @VALUETAINMENT  6 років тому

      +Sam Sadowitz - I appreciate you dropping by to make a comment. It is amazing how much commonsense is lost when you have a bunch of venture capital and it is not your own money, so you think it is free cash. Thanks - Tom

  • @rezvlt9285
    @rezvlt9285 6 років тому +2

    You earnt yourself a subscriber.

    • @VALUETAINMENT
      @VALUETAINMENT  6 років тому +1

      +Peliyx OR - I love the fact that you said we earned one. Earning is the only truth in business. Thanks Tom

  • @danielchavez3727
    @danielchavez3727 6 років тому

    TY tom

    • @VALUETAINMENT
      @VALUETAINMENT  6 років тому +1

      +Daniel Chavez - You are very welcome Thanks - Tom

  • @lukahenigman8453
    @lukahenigman8453 6 років тому +21

    Could you do a case study on LVMH - the largest luxury brands group in the world?

    • @VALUETAINMENT
      @VALUETAINMENT  6 років тому +16

      +Luka Henigman I will put that one on the list there's a couple different angles we could take the case study. Thanks, Tom

    • @lukahenigman8453
      @lukahenigman8453 6 років тому +1

      Valuetainment, Thanks!

  • @INeedMySpaceTech
    @INeedMySpaceTech 6 років тому

    Tom is much better than some of the other hosts on this channel. Thumbs up.

  • @devilhunter1555
    @devilhunter1555 6 років тому +11

    Do a case study on Sears company and why they're failing!

    • @VALUETAINMENT
      @VALUETAINMENT  6 років тому +5

      +devilhunter1555 - that is a big case study that probably is multiple parts. Remember craftsman tools? Those were the tools that never broke! Thanks Tom

  • @shaileshmore2314
    @shaileshmore2314 5 років тому

    sir could you do case study on fitness band

  • @Mus1c1luv
    @Mus1c1luv 5 років тому

    I have NO entrepreneurial skills, but find these vids so interesting.

  • @mildsoup8978
    @mildsoup8978 6 років тому

    H.E.B. here in Texas has already started doing the meal kit model to complete with blue apron

    • @VALUETAINMENT
      @VALUETAINMENT  6 років тому

      +mild soup - When stores can easily copy the service (and they can) you know things are not going to end well for the public company. Thanks - Tom

  • @ianwilliams8979
    @ianwilliams8979 6 років тому

    Can you do a case study on SQUARE (SQ). Thanks

  • @jalenegriffith
    @jalenegriffith 5 років тому

    I would love to see an update to this video given that Blue Apron was the first well known of this kind of service and now there are over 20 different food boxes. We are nearly a year on after this video the market for this kind of service has changed.

  • @brandonvotaw3408
    @brandonvotaw3408 6 років тому

    Could you talk about Peach Wave? I don't know how present they are in Texas, but a lot around my area in Kansas City have shut down.

    • @VALUETAINMENT
      @VALUETAINMENT  6 років тому

      +Brandon Votaw - that will be interesting. Any relation to Ty Votaw?

    • @brandonvotaw3408
      @brandonvotaw3408 6 років тому

      Valuetainment There's a good chance that I am related to Ty, because I know that my ancestors settled in Ohio at one point.

  • @sms9106
    @sms9106 5 років тому

    Damn!

  • @ftse07
    @ftse07 5 років тому

    #1 Know your market.

  • @joshuayarbrough4472
    @joshuayarbrough4472 6 років тому +9

    Only one word for that.... DAMN!!! LMAO

    • @VALUETAINMENT
      @VALUETAINMENT  6 років тому +3

      +Joshua Yarbrough Glad you like it!! Thanks Tom

  • @amberviolina
    @amberviolina 6 років тому +45

    I had Blue Apron for about 4 months. I canceled for a few reasons: 1. Takes incredibly long to cook. While they take the guesswork out of combining ingredients, Most recipes were certainly longer than the indicated time and many of them took 45-60 minutes. As a busy person with my own business, I really like 30 minute or under meals. I think most Americans are already taxed in terms of time. Ain't nobody got time for epic 60 minute meals 3 or 4 times a week. 2. I didn't like the idea of all the packaging. The ice blocks and the cardboard boxes are incredibly wasteful. I HATED throwing out the ice blocks and recycling those boxes. I should just plan my meals on Saturday afternoon and get my groceries on Sunday. It's really not that hard. It does take a bit of time, but not terribly much. 3. I was disappointed in the lack of quality ingredients. Almost never organic. Of course anything coming in the mail and sitting in the refrigerator for several days likely wont taste great at that point. 4. Portions are often meager. I dont eat all that much and I found that their portions for 4 we really more for like 2 1/2. That won't work for my family. Anyway, those are my thoughts. The food is good, but not THAT good. I don't see them lasting long term. I think people will go to local meal prep places before going this route. There are a few of them in Seattle where I live. But again, I don't see tons of people running into these stores either. At the end of the day, food is personal. People are shorter on time than ever. I think grocery delivery services will continue to grow. We will see what happens with this pre-planned meal companies. But I think the future is bleak.

    • @VALUETAINMENT
      @VALUETAINMENT  6 років тому +6

      +amberviolina I thank you so much for an incredibly precise piece of feedback on this company. I love the specific first-hand research and you certainly have provided a ton of it. I didn't know about some of the things you mentioned! Wow - even more reason that they have no clue. Thanks - Tom

    • @toquelau5715
      @toquelau5715 6 років тому +2

      Indeed, there's so much value intrinsic to customer feedback, especially the returning customer. In the end, they're the ones really paying your salary and keeping your company afloat. Like you mentioned, a great new concept may initially attract the curious-minded, but only by providing the cost benefit they seek for, will you capture their loyalty , preventing customer migration to Amazon or HelloFresh.
      But like +amberviolina any many other reviewers have stated, most recipes take longer than should for the time-constrained or novice cooks, and there's too much packaging waste. Returnable containers could be an option, but I've experienced first-hand during my DHL years that reverse logistics is an operational pain and a balance sheet drain.

    • @toquelau5715
      @toquelau5715 6 років тому +3

      Packaging materials in the US are just too cheap to justify returnables. One of the reasons reusable glass soda bottles in retail are pretty much gone (but still present in many other countries, like my in home country Brazil).

    • @yash075141
      @yash075141 6 років тому

      amberviolina A

    • @SaunterVaguelyDown
      @SaunterVaguelyDown 6 років тому

      amberviolina Great breakdown on exactly why I cancelled my service with them. Save for the portion size; I found it was almost always more than enough. Though perhaps more fitting an European diet than the average American one.
      I especially hated the waste. I feel like utensils should be offered as an optional secondary order, perhaps coming free with your first subscription.

  • @hesoyamdon888
    @hesoyamdon888 5 років тому

    Can you do case study of Sony

  • @sqike001ton
    @sqike001ton 6 років тому +2

    there would be one advantage to owning the ranch is you can say look at this high end organic more market blurbs meat supplier

    • @VALUETAINMENT
      @VALUETAINMENT  6 років тому

      +NATHAN NEVILLE - Nor sure that’s what they are thinking. Thanks - Tom

  • @linusmartis166
    @linusmartis166 6 років тому

    do you think amazon had some one on the inside, and they brought whole foods (almost) right on time, just to crush blue apron???

  • @tarundeepsingh913
    @tarundeepsingh913 5 років тому

    Please sir do a case study on jet airways

  • @imagoblack
    @imagoblack 5 років тому

    You should look into the flaws in Uber and Lyft’s business model!

  • @artzilla3
    @artzilla3 6 років тому

    Entertained

  • @AkuNoHana
    @AkuNoHana 5 років тому

    You should do a case study on Fitbit, super successful IPO and then stock tank rapidly into the gutter and has never recovered since.

  • @expertarteta4396
    @expertarteta4396 6 років тому +4

    Blue Apron food was a huge disappointment

  • @Skalete1
    @Skalete1 5 років тому

    You should do a case study on BitPay... they raised over 150M, very interesting company

  • @joeamrine7450
    @joeamrine7450 5 років тому

    DAMN!

  • @a.m.e.
    @a.m.e. Рік тому

    Can you revist this case?

  • @professorhaystacks6606
    @professorhaystacks6606 5 років тому

    Lol "No matter when you're watching this, Kim Kardashian was found buck naked in a tree." Worth watching just for that one line. :P

  • @superbrick5045
    @superbrick5045 6 років тому

    When you talked about them buying a ranch I was surprised you didn't mention vertical integration, which might have been the intent.

    • @VALUETAINMENT
      @VALUETAINMENT  6 років тому

      +Super Brick - that is absolutely correct. It was a failed vertical integration at the end. But along the way, the core model gross margin operating expenses and other key variables were never stabilized and the IPO Doc (S1) left out many issues related to this. Thank you for watching and I appreciate the comment. Thanks - Tom

  • @VisualizeY.O.U
    @VisualizeY.O.U 6 років тому +9

    CAN YOU DO A CASE STUDIO LAUNDRY COMPANIES LIKE WASHIO AND ANY OTHER MOBILE APP PICK UP AND DELIVERY LAUNDRY SERVICE

    • @VALUETAINMENT
      @VALUETAINMENT  6 років тому +3

      +HipHop POV Podcast I'll take a look and ask my guys to do some research. Thanks - Tom

  • @porovaara
    @porovaara 6 років тому

    They probably bought the ranch because "Meat comes from our own RANCH!" would be a big hit with their target demographic. Having already invested so much in marketing they were doubling down on being the ideal brand for their consumers because Amazon was coming into the game with Whole Foods.

  • @ReeceLBlack
    @ReeceLBlack 6 років тому

    Valuetainment can you do a case study on how luxury brands stay in business? Brands like Gucci, Louis Vuitton, Bentley... How do they survive in a bad economy

    • @VALUETAINMENT
      @VALUETAINMENT  6 років тому

      +merciless6 - see comment below seriously thinking about Louis Vuitton. Thanks - Tom

  • @gokuleaswaran7174
    @gokuleaswaran7174 6 років тому

    Hey Tom! Can you do a case study on WeWork?

    • @VALUETAINMENT
      @VALUETAINMENT  6 років тому

      +Gokul Easwaran Interesting growth story - Thanks - Tom

  • @Degdreams
    @Degdreams 4 роки тому

    This and Matt Mcmuscles' WHA HAPPUN? Is teaching me more about how to run a business than success stories

  • @ppumpkin3282
    @ppumpkin3282 5 років тому

    Jersey City is only 17 miles from Linden. Poor planning in opening up distribution centers.

  • @dopemusic6414
    @dopemusic6414 6 років тому

    Can you do a case study on Hampton Creek?

    • @VALUETAINMENT
      @VALUETAINMENT  6 років тому

      +Stikkar Another good suggestion! Thanks - Tom