Weee!: Larry Liu

Weee!: Larry Liu

If you told 19-year-old Larry Liu that his hobby re-selling used electronics “for fun” would someday help him build a multi-billion-dollar company, he probably would have laughed. He was an electrical engineering student in Shanghai at the time. His goals were to land a corporate job and go to grad school in the U.S. He did both, starting with a job at Intel. But his passion for e-commerce stayed with him through his MBA and other corporate jobs. And when he moved to Northern California, Larry noticed other Chinese immigrants using WeChat to source what they needed locally - even organizing in groups to buy familiar foods and products. Larry immediately saw this as a business opportunity. And in under ten years, after facing down bankruptcy and re-orienting his business, Larry grew his e-commerce platform Weee! into a company now valued at over $4 billion.

This episode was produced by Kerry Thompson with music composed by Ramtin Arablouei.

It was edited by Andrea Bruce with research help from Katherine Sypher.

Our engineers were Gilly Moon and Josh Newell.

You can follow HIBT on Twitter & Instagram, and email us at hibt@id.wondery.com.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Avsnitt(818)

Hero Cosmetics: Ju Rhyu and Dwight Lee

Hero Cosmetics: Ju Rhyu and Dwight Lee

The company behind the blockbuster acne fighter, Mighty Patch, was launched in 2017 with a single product sold exclusively on Amazon. It was inspired by similar patches Ju Rhyu had seen while living i...

30 Dec 20241h 14min

Advice Line with Serial Entrepreneur Marc Lore

Advice Line with Serial Entrepreneur Marc Lore

Serial entrepreneur and U.S. National Bobsled Team qualifier Marc Lore joins Guy on the Advice Line, where they answer questions from three early stage founders. Marc also discusses his latest venture...

26 Dec 202447min

The Container Store: Kip and Sharon Tindell

The Container Store: Kip and Sharon Tindell

When Kip Tindell co-founded The Container Store in 1978, people laughed at him for wanting to sell empty boxes. But Kip and his partners had identified a clear problem—the tyranny of household clutter...

23 Dec 20241h 2min

Advice Line with Steve Case of AOL

Advice Line with Steve Case of AOL

AOL co-founder and former CEO Steve Case joins Guy on the Advice Line, where they answer questions from three early-stage founders. Plus, Steve reflects on the challenges and opportunities facing toda...

19 Dec 202445min

Marucci Sports - Kurt Ainsworth

Marucci Sports - Kurt Ainsworth

No athlete wishes for an injury, but when Kurt Ainsworth’s bad shoulder derailed his professional pitching career, it created a big opportunity. Kurt and two partners started a wooden bat company in h...

16 Dec 20241h 10min

Advice Line with Jane Wurwand of Dermalogica

Advice Line with Jane Wurwand of Dermalogica

Jane Wurwand, co-founder of the global skincare brand Dermalogica, joins Guy on the Advice Line, where they answer questions from three early stage founders. Plus, Jane shares her philosophy on the im...

12 Dec 202452min

Norma Kamali: Norma Kamali (2021)

Norma Kamali: Norma Kamali (2021)

When Norma Kamali studied fashion illustration in the 1960s, she never expected to become a designer. So when a job as an airline clerk came along, she was glad to accept it—along with the perk of dir...

9 Dec 20241h 29min

Advice Line with Gary Erickson of Clif Bar (May 2024)

Advice Line with Gary Erickson of Clif Bar (May 2024)

Clif Bar founder Gary Erickson joins Guy on the Advice Line, where they answer questions from three early-stage founders about expanding their customer base.Today we meet James, who recycles water bot...

5 Dec 202457min

Populärt inom Business & ekonomi

framgangspodden
varvet
badfluence
rss-jossan-nina
rss-borsens-finest
rss-svart-marknad
svd-tech-brief
avanzapodden
uppgang-och-fall
fill-or-kill
rss-inga-dumma-fragor-om-pengar
borsmorgon
rss-dagen-med-di
lastbilspodden
bathina-en-podcast
rss-kort-lang-analyspodden-fran-di
affarsvarlden
market-makers
rss-den-nya-ekonomin
borslunch-2