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Putting American Grocers Out of Business (Nathan Latka & Dominik Richter) | DLD New York
https://i.ytimg.com/vi/EWa7jRboYyo/hqdefault.jpg
PT18M25S
2017-05-23 11:51:22 UTC
https://www.youtube.com/watch?v=EWa7jRboYyo
https://www.youtube.com/embed/EWa7jRboYyo
HelloFresh was launched in Europe in 2012 and quickly expanded into the most competitive market in the world, the United States. They've raised over $350 million and are now delivering 11 million meals and 22 million pounds of food every month. Grocery stores throw out approximately 25-30% of their food when it doesn't sell. Driven by demand first, HelloFresh doesn't have this problem which leads many to ask the question: With less waste, a direct to consumer model, and $350 million in funding, will HelloFresh put traditional grocers out of business?

Putting American Grocers Out of Business

365 Views


HelloFresh was launched in Europe in 2012 and quickly expanded into the most competitive market in the world, the United States. They've raised over $350 million and are now delivering 11 million meals and 22 million pounds of food every month. Grocery stores throw out approximately 25-30% of their food when it doesn't sell. Driven by demand first, HelloFresh doesn't have this problem which leads many to ask the question: With less waste, a direct to consumer model, and $350 million in funding, will HelloFresh put traditional grocers out of business?

SPEAKERS

Dominik richter quad
Dominik Richter
HelloFresh
Founder
HelloFresh
http://oiip.dld2011.com/users/dominik-richter
Berlin
http://s3.amazonaws.com/dldwebsite-production/black_and_white_avatars/dominik-richter/large/Dominik_Richter_quad2.jpg
Nathanlatka3x4
in conversation with
Nathan Latka
"The Top Entrepreneurs" Podcast
Exited SaaS Founder
"The Top Entrepreneurs" Podcast
http://oiip.dld2011.com/users/nathan-latka
Austin
http://s3.amazonaws.com/dldwebsite-production/black_and_white_avatars/nathan-latka/large/NathanLatkaquadr.jpg