meta_pixel
Tapesearch Logo
Log in
SaaS Interviews with CEOs, Startups, Founders

1166 He Invented Mattress in a Box 20 years ago But Casper Out-Marketed Him

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

Ceo, Entrepreneurs, Founders, Software, Business, Entrepreneurship, Saas, Startups

4.6683 Ratings

🗓️ 3 October 2018

⏱️ 19 minutes

🧾️ Download transcript

Summary

Transcript

Click on a timestamp to play from that location

0:00.0

Pullback intensity a little bit to enjoy the ride coming from David. Again, really, you know,

0:04.5

you know, riding on the back of this craze, which is kind of, you know, mattress and a box

0:09.1

happening. He's doing well, right? Luxasleep. Great technology. They really pioneered a lot of

0:13.0

this stuff with mattresses and boxes to hospitals almost 20 years ago. They'll do five million

0:18.4

bucks in revenue this year. That's selling between 1,000 and 5,000 mattresses. 50% in e-commerce, 50% offline. Margins on an $800 queen bed,

0:26.5

the Luxie 1 they sell, less than 400 bucks of that is dedicated to manufacturing. They

0:30.0

manage them down to the bottom, bottom line. So net net 5% to 7% there. Hoping to scale, hoping to grow,

0:35.4

looking to potentially raise capital. You can check them out on start engine.com.

0:39.8

This is the top entrepreneurs podcast where founders share how they started their companies

0:45.8

and got filthy rich or crash and burn.

0:51.2

Each episode features revenue numbers, customer counts, and other insider information that creates business news headlines.

1:00.5

We went from a couple hundred thousand dollars to $2.7 million.

1:03.7

They had no money when I started the company.

1:05.7

It was $160 million, which is the size of any IPOs.

1:09.1

We're a bit strapped.

1:10.1

We have like 22,000 customers.

1:13.9

With over five million downloads in a very short amount of time, major outlets like Inc are calling

1:19.9

us the fastest growing business show on iTunes. I'm your host, Nathan Latka, and here's today's

1:26.2

episode.

1:28.5

Hello, everyone.

1:30.5

My guest today is David Farley.

1:33.6

He is the CEO and founder of a company called Luxi.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Nathan Latka, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Nathan Latka and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.