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The Barbershop Tech Platform That Silicon Valley Investors Almost Overlooked
💎 The Barbershop Tech Platform That Silicon Valley Investors Almost Overlooked || Wolf of Mainstreet ⭐
Are you looking for an inspiring story of two individuals who quit their cushy corporate jobs on Wall Street to pursue their dream of running a barbershop tech platform? Then look no further! Songe LaRon and Dave Salvant, the founders of Squire, have a story that will leave you amazed, concerned, and inspired.
In this video, you will learn about the obstacles that Songe and Dave had to overcome to make their dream a reality. They didn't come from money, they had no backup plan, and they had no software engineering background. Yet, they persevered and created Squire, a platform that revolutionized the barbershop industry.
Their journey wasn't easy, and then there was COVID. The world shut down, and barbershops closed. Revenues fell to zero overnight. But Songe and Dave didn't give up. They remained focused on their product and the customer experience, and their hard work finally paid off when they raised $60 million at a valuation of $750 million.
You will be impressed by the story of how Songe and Dave met at a house party in New York City and became good friends. As they reflected on their lives, they realized they had both been going to barbershops since they were 7 years old. And after twenty years, nothing about the process had changed. Even as adults, they still had to wait around for a haircut and carry around cash. They saw an opportunity to improve the barbershop experience not only in their own neighborhoods but across the world through scalable technology.
In 2015, Songe and Dave both decided to go all in on Squire and quit their jobs and MBA programs. The company was established with no real competition in sight, but raising venture capital was a grind. Silicon Valley investors wanted to see large market opportunities or TAMs. This was one of the many obstacles they had to overcome.
The story of Squire is a true masterclass on how to make millions running a vertical software business. It's a story of courage, redemption, and relentless focus on product and the customer experience. Watch this video to learn how Songe and Dave's perseverance and determination paid off and inspired a new generation of entrepreneurs.
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⏲️CHAPTERS⏲️
00:00 Introduction
01:27 Origin Story of Squire
03:25 Overcoming Silicon Valley investor expectations
05:10 Finding product market fit
07:25 Revolutionizing the barbershop industry
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🔎 HASHTAGS 🔎
#squire #technology #barbershop
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🔴DISCLAIMER:
This video does not provide investment or economic advice and is not professional advice (legal, accounting, tax). The owner of this content is not an investment advisor. Discussion of any securities, trading, or markets is incidental and solely for entertainment purposes. Nothing herein shall constitute a recommendation, investment advice, or an opinion on suitability. The information in this video is provided as of the date of its initial release. The owner of this video expressly disclaims all representations or warranties of accuracy. The owner of this video claims all intellectual property rights, including copyrights, of and related to, this video.
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