Our guest today is Vijen Patel, who is the co-founder of Pressbox (now Tide Cleaners) and The 81 Collection. Pressbox was a 24/7 dry cleaning and laundry service that Vijen bootstrapped to a very successful exit to P&G. The 81 Collection is a VC fund that focuses on the hard industries.
Why he had no choice but to bootstrap his dry cleaning tech business
His approach to scale and expanding to multiple cities
How P&G tried to destroy his business
Why he eventually sold to P&G and became CEO of Tide Cleaners
The founding story of The 81 Collection
Why investing in hardware is under rated