Business Breakdowns is a series of conversations with investors and operators diving deep into a single business. For each business, we explore its history, its business model, its competitive advantages, and what makes it tick. Learn more and stay up to date at

Popular episodes

A Primer on Space: The Final Frontier - [Business Breakdowns, EP. 19]

Jul 28 • 55:36

Today, we will be covering the endlessly fascinating market of Space. While we typically focus on an individual company for Business Breakdowns, we thought an industry primer was the best approach for this expanding market. With Elon Musk and Jeff Bezos directing so much energy to the promise of space, it is impossible not to dream about what lies ahead. To cover this endl...

Petco: Capturing the Pet Economy - [Business Breakdowns, EP. 18]

Jul 21 • 39:28

Today, we will be breaking down pet care giant, Petco. Founded in 1965 as a mail-order business, Petco has evolved into a one-stop-shop pet care solution across its nearly 1,500 locations....

Cardlytics: The Ad Platform with Purchasing Power - [Business Breakdowns, EP. 17]

Jul 14 • 01:04:39

Today, we will be diving into Cardlytics. Founded in 2008, Cardlytics operates as an advertising platform integrated with the digital channels of banks. It allows advertisers to identify potential customers from their spending habits and reach those customers directly within their mobile banking applications. Today, Cardlytics is one of the largest digital ad platforms, se...

Formula One: The Iconic Motor Sport - [Business Breakdowns, EP. 14]

Jun 23 • 01:26:06

In today's episode, we introduce another unique format for Business Breakdowns. We will be diving into the iconic global motorsport brand - Formula One. To break down F1, I will be joined by CEO Stefano Domenicali and investor, Arman Gogkol-Kline. ...

Pinduoduo: Rise of Social Commerce - [Business Breakdowns, EP. 12]

Jun 9 • 56:10

Today, we will be breaking down Pinduoduo. Founded in 2015, Pinduoduo used a ‘team buying’ social network concept to build what is now China’s largest e-commerce platform measured by annual active users. ...

Invisalign: Patents, Patients, and Profits - [Business Breakdowns, EP. 11]

Jun 2 • 59:39

Today, we will be breaking down Invisalign. Founded in 1997, Invisalign pioneered clear aligners as an alternative to metal braces. Today, Invisalign generates over $2bn of revenue and accounts for roughly 20% of the orthodontic market....

Wix: The Internet Storefront - [Business Breakdowns, EP. 10]

May 26 • 49:10

Today, we will be breaking down Wix. Founded in 2006, Wix was created to make building websites easier. Fifteen years later, the Wix platform boasts over 180 million registered users and 4.5 million premium subscribers worldwide....

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