Shaan Puri Profile picture
11 Mar, 10 tweets, 4 min read
This is the WILD story of a Instagram food accounts that are making 10M+ a year SELLING COOKIES

if you haven't heard about this... let's dive in.
last week - my buddy @benmlevy sent me a link to MyCookieDealer on instagram.

I checked them out - the cookies looked good... but - food pics on instagram? who cares?

Ben: dude these guys are insane. I'm pretty sure they do like $10M/year selling cookies on IG.

Me: 😳
So I started looking into it.

The short story -

The founders are a husband / wife duo.

The guy is an enormous body builder. His wife bakes him giant 1/2 LB cookies for his "cheat days".

He posted his wife's cookies on IG, and his fans wanted to buy some...
The first buyers just venmo'd his wife money for cookies.

Next - setup an online store.

Every week they do 3 "Drops" . They post on IG & sell out in < 15 mins.

They sell 35k cookies a week x $6/cookie --> ~$10M a year

Online ONLY - no stores, & no shelf space at Whole Foods
It's not just cookies. Ben showed me 1-900-ICE CREAM

It's a giant ice cream mashup on a stick. 4 pack sells for $48

I think these guys could be the next Ben & Jerrys.
Allies Banana Bread -just look at those pics...unreal.

She drops 500 loaves of bread every week. Instant sellout. That's $400k+ a year.
Why does this work?

OLD WORLD - the best baker in town will get customers nearby. However many are in a 10 mile radius. success = $100k

NEW WORLD - the best baker opens an online shop and serves customers worldwide. success can be $10m+!

The internet vaporizes geography.
bold prediction - we will see a private equity buyout a IG brand like these for $100m+ in the next 24mo.

The next Mrs. Fields cookies, Aunt Aunnie's pretzels, and Ben & Jerry's are going to be instagram brands FIRST.

I'd invest $250k into each of these today, no hesitation.
The operations are so simple.

* No begging for shelf space
* No wholesale pricing
* No brick and mortar locations

+ Direct relationship with the customer (sms text for drops)
+ retail prices
+ online only. 1 central kitchen serves customers worldwide
for more stories like these (and more diagrams like this) --> get on the newsletter --> shaanpuri.com

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More from @ShaanVP

24 Feb
A few semi-controversial things I believe 👇
Real Estate has the highest % of "dumb rich people".

I'm not saying you're dumb if you're in real estate.

I'm saying -- if you want to get rich without needing to be a genius, real estate is your best bet.
Hard work is massively overrated.

*WHAT* you work on is far more important than *HOW HARD* you work.

I'm pretty lazy. But I'm happy and successful.

Janitors work hard. Backline cooks work hard. Hard work helps you win your game. Choose the right game.
Read 8 tweets
20 Feb
OK I have 3 nerdy business ideas to get off my chest:

• smelling salts for nerds
• FB ad dashboard that doesn't suck
• + a new privacy app I’m using

Quick thread for anyone who likes jamming on ideas:
OK don’t judge me - but I have a new weird habit.

I never drink coffee, and haven’t tried adderall. But I got hooked on a new way to get into peak state of mind before work or exercise.

b̵a̵t̵h̵ ̵s̵a̵l̵t̵s̵ Smelling Salts.
I first saw these when I saw NFL players using smelling salts as a boost before big games.

I thought you only used these when someone is knocked out. So I did some googling.

What I found was pretty interesting:
Read 15 tweets
16 Feb
esports investments are a joke - there's so much dumb money in this space!

look at this "billion dollar" publicly traded company: $EGLX Image
Enthusiastic Gaming is a holdco of random assets ranging from the most popular website for The Sims, to a minority stake in the vancouver overwatch team.

It's not a bad company...it's just not worth $1b

here's a quick scan of their last quarter report
looks like they rolled up a bunch of companies:

- Bought @Luminosity for $1.5M cash, 7.5M stock
- Bought a couple agencies for $13M cash + more stock
- started trading on the TSX in january, up ~4x in a year.

They are basically an ad agency for gaming channels + websites
Read 5 tweets
16 Feb
Every good clubhouse “show” would be 100x higher leverage if they did it as a podcast instead.

But hey, it’s new and hot, so follow the herd!
Btw this is for “shows” specifically. Not random convos/hanging out.

Which is why clubhouse going for shows is terrible strategy!
Eg right now- @pmarca and @bhorowitz are doing a weekly clubhouse. Reaching 5k people live.

If they launched a podcast, they’d be at 5m+ downloads a month. (See @chamath @Jason all in pod)

1000x more reach. Same format. There’s zero crowd interaction. no reason to use Clubhouse
Read 4 tweets
5 Feb
Jeff Bezo's Amazon Run:
- 27 years
- $1.68 Trillion company
- 800k people employed

Crazy run.

And 6 funny stories about the early days of Amazon
#1 - The original name wasn't Amazon. Jeff wanted to name it "Cadabra" (as in, abra cadabra, like magic)

His lawyer said the name sounded too much like Cadaver (aka a corpse) for ppl to share.

His 2nd pick was Relentless (relentless.com still re-directs to Amazon)
#2 - The company almost died because of inventory.

The whole point of an internet book store was to carry WAY more books than you can find in a book store.

But the book distributors minimum order was 10 books.

They couldn't afford to buy 10 of every book..
Read 9 tweets
3 Feb
Here's a lesson on how to do cold outreach right.

Don't ask someone for "coffee" or a "quick 20 min call"

(or worst of all - "to pick their brain". You brain pickers stay away)

Here's an example of how my cousin hustled & got connected with @chamath
On the all-in podcast, @friedberg joked that @chamath wants to run for governor.

my cousin @RohunJauhar hears that and tweets this out
One guy reaches out saying "i'll do it in a few weeks for $2k". Another says "I'll do it for free, tonight."

Rohun sketches out what he wants. Super simple:
Read 7 tweets

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