Episode of My First Million with Sam Parr and Shaan Puri.
Transcript
Note: This transcript was auto-generated from YouTube captions. It may contain errors and lacks speaker identification. A full Gemini audio transcript will replace this.
Kind: captions Language: en so there’s this cool story this is not a YC startup although it maybe should have been cool story we’re basically in Portland you know right now with coronavirus everybody’s getting deliveries right and so I have a friend who runs a company called farmstead and they do grocery delivery they’ve been doing this for you know two years now and they all they all farm set does is they deliver you know your staple foods milk eggs bread stuff you need repeatedly and you don’t need you know go to the grocery store every time you run out of milk kind of sucks so they just delivered to your door and so they’re like a version of instacart that’s just focused on the staples okay now and also you know what a key difference instacart goes to the grocery store and buy stuff and marks it up these guys are the grocery stores so they just have a they buy wholesale and they sell retail so they don’t mark it up they actually get good prices okay good startup they are exploding 20 X 30 X oversubscribed on demand right now because everybody is ordering food in because of coronavirus right so everyone’s getting to try this like delivery thing they’re sort of forced to do delivery for the first time and what they calling end those guys are on farmstead oh not farm theory okay farmstead okay farmstead yeah this is my buddy’s company I he listens the podcast sometime so shout-out if he’s listening so cool name love the name yeah great name great brand it looks good and the product is good so I actually like it a lot now one problem that they’re having and that every delivery company is having right now is that they’re short on drivers are short on delivery people they have too much demand and not enough ability to fulfill so this company in Portland started hiring out-of-work people from the coronavirus now what what industry was been affected by the strip clubs nobody’s going to strip clubs right now during coronavirus so they hired the strippers to do delivery and so they got a bunch of PR from there shaking horary I gotta find out which company it was I don’t know if it was door - or whatever I don’t even know if the company really did this or the strippers just started signing for this that’s like oh we got to make money so what are we gonna do I guess we should become you know delivery people right now for the I see it I see it which do you know which company it is that they’re delivering for business he jokingly calls it Boober eats so it all started as a joke with lucky devil lounge one of his clubs and no one was coming in and they go we need to do like uber for weed delivery or Luber for sex lube delivery and I was like let’s do Boober which is topless girl picks you up and takes you to a strip club and so anyway that’s the joke is that it’s uh I don’t think it’s real it but it did get PR yeah did get PR I think I think I did read that they were like the gig workers are basically shifting from one to another right if you can’t if the demand has gone down and this area’s gone up and delivery and then more people are becoming delivery drivers and cerebus I thought that was interesting there’s another one at Quarry meals for 4-inch heels meals and 6-inch heels well I don’t know if it’s smart to create your own delivery company but I do know if you’re afraid you got to work right now you know you girls gotta eat got to do something [Music]