Pickleball FBA Exit
Share
A story about an entrepreneur who built and sold an Amazon FBA store selling pickleball equipment.
"I personally know 2 people who have built multimillion dollar brands in this space. One guy I can't say his name, but he built an Amazon FBA store 2 or 3 years ago. He sold it - he actually sold way too early. At the time I met him I was like 'Oh great you built a store doing what? I've never even heard of this sport.'
He was like 'Yeah I just got into it, got really into it and so I just thought oh let me just see if there's much competition on Amazon for this.' There wasn't, so I built a popular FBA store and sold it for about 8 to 10 million dollars.
I was like 'Wow, highway robbery, tell that guy to lose your number.' Now that he spent $8 million on this, I bet if you had that thing now that'd be a $40 million brand. This thing has exploded in popularity - whoever bought it knew what they were doing."
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.