How Casper Failed & Why DTC Startups Lose Money
Modern MBA
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Modern MBA is democratizing business education through Wall Street case studies on the Fortune 500 and everyday industries you'll never find online. Modern MBA is watched by over 2 million executives, founders, and working professionals every month in the leading global business hubs of New York City, London, Singapore, Chicago, Los Angeles, Toronto, and Sydney. Every case study is backed by original, timeless, real-world analysis based on years of direct management experience leading multi-million dollar products in corporate America. Originals are produced by Emmy-winning former VICE and Netflix staff. Every episode is 100% original in word, image, and sound. Not a single sentence, graphic, or audio line is AI-generated.
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Through 2014 to 2018, Casper was everywhere on the Internet, flooding advertisements into every trendy podcast, website, and YouTube video. Need a mattress? Want a mattress? Buy Casper. Not comfortable buying a mattress you’ve never seen or touched before? No problem! Sleep on it for three months and return it anytime for a full refund within those 100 days, no questions asked. With a radically generous return policy and aggressive multi-million advertising budgets, Casper quickly rose to fame as the flashiest and fast growing online consumer brand. Silicon Valley fueled Casper’s meteoric rise, eager to showcase the company as a shining example of technological innovation and business transformation. Casper, Warby Parker, Dollar Shave Club were all pioneers of a new revolutionary type of business called Direct-To-Consumer. 🤳🏻 Modern MBA TikTok: https://www.tiktok.com/@modernmba 📸 Modern MBA Instagram: https://www.instagram.com/modern.mba/ 📖 Modern MBA Reddit: https://www.reddit.com/r/modernmba/ 🕊 Modern MBA Twitter: https://x.com/modern_mba 🎬 Support Modern MBA: https://buymeacoffee.com/modernmba ☕ Modern MBA Patreon: https://patreon.com/modernmba 0:00 Direct-To-Consumer (DTC) Business Model 3:50 Turning Down A Billion Dollars 5:41 A Broken Business Model 8:40 Bursting of the DTC Bubble 11:30 Irony of Retail
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