HIBT Lab! Burn Rate: Andy Dunn

How I Built This with Guy Raz

Guy Raz | Wondery

Business

4.8 • 31.1K Ratings

🗓️ 26 May 2022

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

From the outside, it seemed like Andy Dunn was living the dream. His menswear company, Bonobos, was acquired by Walmart for $310 million in 2017 — the same year he married the love of his life, Manuela. Of course, Andy’s entrepreneurial journey wasn’t without its challenges. Under the surface were much darker struggles that he largely kept hidden…

This week on How I Built This Lab, Andy returns to the show to talk to Guy about his new book, Burn Rate: Launching a Startup and Losing My Mind. In this radically honest memoir, Andy finally opens up about the struggle with bipolar disorder that nearly cost him everything.

Check out Andy’s book here: https://www.amazon.com/Burn-Rate-Launching-Startup-Losing/dp/0593238265

Listen to Andy’s How I Built This interview from 2019: https://www.npr.org/2019/01/18/686640146/bonobos-andy-dunn

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

Click on a timestamp to play from that location

0:00.0	Hey, Prime members, you can listen to how I built this early and ad-free on Amazon Music.
0:07.0	Download the app today.
0:09.0	Hello and welcome to How I Built This Lab.
0:11.6	I'm Guy Roz.
0:12.6	Today, we've got a return guest, Andy Dunn, the co-founder of the multi-million dollar
0:18.0	menswear company, Bonobos.
0:20.0	Andy first came out of the show back in 2019, and if you missed that episode, be sure to
0:25.1	look for it in the podcast queue.
0:26.8	It's a really, really good one.
0:28.6	Anyway, Andy and his co-founder, Brian Spaley, launched Bonobos back in 2007 when they
0:33.7	were both still students at Stanford's Graduate School of Business.
0:38.0	In 2017, Bonobos was acquired by Walmart for around $300 million.
0:44.7	But the journey getting there was, to say the least, to Maltuous.
0:49.6	Andy and Brian had a falling out in 2009 that led Brian to leave and eventually build
0:55.0	his own successful startup, Trunk Club.
0:58.4	And Andy went through several crises running Bonobos, including three separate occasions
1:04.2	when the company almost ran out of money.
1:06.8	But underneath all the public turmoil for Andy was a much more challenging struggle.
1:12.4	A struggle that he largely kept hidden.
1:15.7	Andy had been diagnosed with bipolar disorder that went largely untreated.
1:20.8	And despite living what appeared to be a successful and happy life from the outside, Andy experienced
1:27.2	mania, paranoia, depression, and even suicidal thoughts during his tenure as CEO of Bonobos.
	...

Please login to see the full transcript.

Previous episode | Next episode

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

Generated transcripts are the property of Guy Raz | Wondery and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.