“We’re called Kan Opnr, a smart hardware company disrupting the $10 trillion global food industry.”
We move fast here at TRUNG INDUSTRIES.
Have a Zoom with 10 different Chinese manufacturers this afternoon for Kan Opnr.
Received 8 terms sheets at a $30-50m valuation.
And just paid $28k for 4 logo designs from Fivver
Let me know which y’all want.
Some crowdsourced ideas to make Kan Opnr a unicorn:
◻️ Make a fragile handle that breaks frequently so the customer has to subscribe for a monthly replacement (COAAS, Can-opening-as-a-service)
◻️ Customizable rubber grips (like Apple Watch straps)
◻️ Install Alexa mic
PS: Def smash that FOLLOW for other big brain business ideas @TrungTPhan
reminder that no “asian guy and stripper” story will ever top Enron Lou Pai’s “asian guy and stripper” story
Totally forgot Lou Pai got the stripper pregnant.
If this story was transplanted to 2020s, Pai would probably have been a whale on OnlyFans and gotten got…anyways, I wrote about the economics of OF here: readtrung.com/p/onlyfans-sti…
Boston Consulting Group (BCG) trained an AI slideshow maker called “Decker” on 900 templates and apparently gotten so popular that “some of its consultants are fretting about job security.”
Sorry, called “Deckster”. That excerpt was from this BI piece that also looked at McKinsey and Deloitte AI uses: businessinsider.com/consulting-ai-…
The Mckinsey chatbot is used by 70% of firm but same anonymous job board said it’s "functional enough" and best for "very low stakes issues." x.com/bearlyai/statu…
Here’s a r/consulting thread based on Computer World last year. Deckster was launched internally March 2024…some think it’s BS…some think it helps with cold start (B- quality): reddit.com/r/consulting/s…
never forget that episode of “Nathan For You” when he launched a fire detector product and tried to avoid import tariffs by turning it into a music device
One company that has been very good at navigating international food tariffs/regulations is Trader Joe’s. Built its dairy and wine businesses by finding workarounds.