4.6 • 683 Ratings
🗓️ 10 March 2020
⏱️ 15 minutes
🧾️ Download transcript
Blake Smith is founder and CEO of Cladwell, a digital closet manager. Cladwell's goal is to manage the world's closets, by helping people do more with less. Cladwell resides at the intersection between math and art - much like Blake - who used his background in computational mathematics as a hedge fund analyst before joining the founding team of an agency that produced movies for Walmart, P&G, and many other Fortune 500 brands. In addition to Cladwell, Blake and his wife Chandler raise and homeschool 4 kids.
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0:00.0 | Blake Lange, Cloudwell, back in 2012 to help manage your closet today. |
0:03.6 | Got about 10,000 paying customers, $8 a month, about a million bucks in terms of run rate. |
0:06.6 | They're flat, though, as they pivot to a brand with big retailers and then sell consumer data around clothing back to the retailers over the long term once they get |
0:24.0 | scale. |
0:25.5 | Hello everyone. |
0:26.3 | My guest today is Blake Smith. |
0:28.2 | He's the founder and CEO of Cladwell, a digital closet manager. |
0:31.5 | Cloudwell's goal is to manage the world's closets by helping people to do more with less. |
0:35.0 | The company resides at the intersection between math and art, much like Blake, who used his background in computer computational mathematics as a hedge fund |
0:41.4 | analyst before joining the founding team of an agency that produced movies for Walmart, |
0:45.0 | P&G, and many other Fortune 500 brands. |
0:47.2 | In addition to Cloudwell, Blake and his wife Chandler raised and homeschool for kids. |
0:52.0 | Blake, are you ready to take us to the top? |
0:53.8 | Let's do it. |
0:54.6 | All right, so help us understand how Cloudwall works. |
0:57.3 | Yeah. |
0:57.8 | Yeah, so it's based on a really simple thesis, |
1:00.9 | which is that when you look at the retail industry, |
1:03.0 | number two largest industry on Earth, |
1:04.9 | number two, only to the oil industry. |
1:06.7 | One in six human beings works in it. |
1:08.5 | And what we found is that it's pretty much all obsessed about getting, what are you going |
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