{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/5f8ef3b89fc38f1fe54d72cb/6681e5a75cd64e8b86b283b6?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"#23 - Old Tom Capital: The Startup Series Ep. 3 with Dryvebox","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/5f8ef3b89fc38f1fe54d72cb/1719788856157-5e3cf5daeb418e6f53d62ee901785502.jpeg?height=200","description":"<p>In the third of Gather's three-part start-up series with&nbsp;<strong>Gather Collective Member </strong><a href=\"https://www.oldtomcapital.com/\" rel=\"noopener noreferrer\" target=\"_blank\"><strong>Old Tom Capital</strong>,</a> we welcome <a href=\"https://www.linkedin.com/in/adeelyang/\" rel=\"noopener noreferrer\" target=\"_blank\"><strong>Adeel Yang</strong></a>, Co-Founder of <a href=\"https://www.dryvebox.com/\" rel=\"noopener noreferrer\" target=\"_blank\"><strong>Dryvebox</strong></a>.</p><p><br></p><p>Learn about the journey so far including how Dryvebox recently took the decision to launch its franchise model; it has rapidly scaled from its first franchise to eleven across America.</p><p><br></p><p>Randi Zuckerberg was an early investor in Dryvebox. Dryvebox also has a wide range of collaborations with the likes of Lululemon, Cobra Puma, Michelob Ultra, Topgolf, Malbon, Topgolf, Barstool, LAGC, Lexus, and PGA Hope.</p><p><br></p><p>Adeel has other startup experience and understands the investor landscape; the pros and cons of partnership deals. Couple this with the experiences of Evan Roosevelt from Old Tom Capital and you have a fascinating conversation packed full of helpful insights and advice.</p><p><br></p><p><strong>Key discussion areas to listen out for:</strong></p><p><br></p><ul><li><strong>3:00 mins.&nbsp;</strong>What did Old Tom Capital see in Dryvebox and their Founding team that prompted them to consider investing?</li><li><strong>7:50 mins.&nbsp;</strong>What’s the backstory of Dryvebox and how did Adeel jump from being a doctor over into starting a mobile golf simulator company?</li><li><strong>12:00 mins.&nbsp;</strong>Many businesses start from a Founder’s need to “scratch their own itch.” How powerful a motivation is this if you are starting a company? Is growing a new company as simple as this?</li><li><strong>15:00 mins.&nbsp;</strong>The value of co-founders. Is it important to seek other people to help build a new business?</li><li><strong>22:40 mins.&nbsp;</strong>What has surprised Adeel the most about coming from outside the golf industry and building a business within golf?</li><li><strong>26:03 mins.&nbsp;</strong>Which market currently demands Dryvebox the most: existing golfers, or people new to golf?</li><li><strong>28:11 mins.&nbsp;</strong>Is it less desirable for investors to invest in a company run by a single person rather than investing in a team?</li><li><strong>31:17 mins.&nbsp;</strong>How much of the early-stage decision making at Dryvebox was done through data and insights vs gut instinct?</li><li><strong>33:20 mins.&nbsp;</strong>Does Adeel feel part of the golf industry? Or does Dryvebox feel like an external business with a product partnering with golf industry businesses?&nbsp;</li><li><strong>35:30 mins.&nbsp;</strong>Was it critical for Dryvebox to start discussing potential partnerships in the business's early stages?</li><li><strong>39:52 mins.&nbsp;<em> </em></strong><em>“Staying Switzerland.”</em> What is the no.1 learning that Dryvebox took from their first few years in the golf industry?</li><li><strong>42:18 mins.&nbsp;</strong> <em>“Let other people do what they do best.”</em> What is the no.2 learning that Dryvebox took from their first few years in the golf industry?</li><li><strong>43:48 mins.&nbsp;</strong>Company Mission and Values – do they matter more to the next generation of customers?</li><li><strong>51:02 mins.&nbsp;</strong>Was the decision to go the franchise route the biggest pivot for Dryvebox so far? What has Dryvebox learned from this?</li><li><strong>58:14 mins.&nbsp;&nbsp;</strong>How can you help Dryvebox? Want to discuss potential collaborations?</li></ul>","author_name":"Colin Bell, Mike Hyde & Adam Keable"}