Celebrity Co-Owner Brands
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Emma Grede and her husband have built a multi-billion dollar business by creating and co-founding brands with celebrities, particularly the Kardashians, where celebrities are true equity partners rather than just endorsers.
Key Points:
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Core Strategy:
- Partner with A+ celebrities as co-founders rather than one-off endorsements
- Build authentic story and celebrity involvement from beginning of brand
- Focus on categories where celebrity has natural fit/authenticity
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Major Brand Partnerships:
- Skims with Kim Kardashian (shapewear) - Now valued at $3B+
- Good American with Khloe Kardashian (denim) - $300M+ revenue
- Safely with Kris Jenner (cleaning products)
- Brady with Tom Brady (clothing)
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Business Structure:
- Operate through holding company (Popular Culture)
- Take significant equity stakes (e.g. 8% of Skims)
- Handle operations while celebrity handles promotion/brand
- Focus on fashion and consumer product brands
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Success Factors:
- Deep fashion industry experience and connections
- Strong operational capabilities to execute
- Ability to identify authentic celebrity-product fit
- Focus on building long-term brands vs quick endorsements
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Results:
- Built multiple $100M+ revenue brands
- Created $450-500M personal net worth
- Established repeatable model for celebrity-driven brands
- Maintained control through private ownership structure
00:33 - 01:54
Full video: 01:11:03SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.