Member Brief: CLUB EBITDA

Retail is an EBITDA sport. In 2019, at Shopify Plus’s New York conference, a relatively unknown, foreign brand espoused the importance of healthy growth and profitability. American brands received all of the attention back then, but it was Daily Paper founder and CEO Hussein Suleiman that won over a crowd of fawning American entrepreneurs. He and I spoke after his speech and he left me with a quote that nodded to The Social Network’s most remembered line:

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Member Brief: Digitally Native Vertical Brands

Andy Dunn is quiet these days. But one of the most important essays written in the short history of the direct-to-consumer industry was written by him. It’s time that we revisit the meaning of vertical.

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Member Practical: BFCM Tips

 

David Herrmann is one of the most trusted and respected thinkers and operators in paid acquisition. So much so that the New York Times just consulted him about the recent Facebook outage and how it impacted ad spend and ROAs for direct-to-consumer brands (a number of which rely on his team for success). The report began:

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