How Our Toys Bring In $226 Million A Year
24,764
2024-07-25に共有
Produced by: Raffi Paul
Senior Production Manager: Eric M. Clark
Reporter: Kamaron McNair
Editor: Marisa Forziati
Animator: Elham Ataeiazar
Camera: Zach Voss
Additional Images: Lovevery, Getty Images
Subscribe to CNBC Make It.: cnb.cx/2kxl2rf
Want to stop worrying about money? Sign up for CNBC’s new online course Achieve Financial Wellness: Be Happier, Wealthier & More Financially Secure. We’ll teach you the psychology of money, how to manage your stress and create healthy habits, and simple ways to boost your savings, get out of debt and invest for the future. Start today and use code EARLYBIRD for an introductory discount of 30% off through Sept. 2, 2024: cnb.cx/3xJRE9Q
About CNBC Make It: CNBC Make It is a new section of CNBC dedicated to making you smarter about managing your business, career, and money.
Connect with CNBC Make It Online
Get the latest updates: www.cnbc.com/make-it
Find CNBC Make It on Instagram: bit.ly/InstagramCNBCMakeIt
Find CNBC Make It on Facebook: cnb.cx/LikeCNBCMakeIt
Find CNBC Make It on threads: cnb.cx/threadsCNBCMakeIt
Find CNBC Make It on X: cnb.cx/FollowCNBCMakeIt
#CNBC
#CNBCMakeIt
#FounderEffect
We Built Lovevery: How Our Play Kits Bring In $226 Million A Year
コメント (21)
-
Truly appreciative of the idea NOT to use plastic and your strength of integrity not to bend to investors. Thanks CNBC for another great story choice. 💪🏽💪🏽💪🏽💪🏽💪🏽
-
I'm not sure Lovevery will ever reach profitability, but getting the products now as a loss-leader is a good idea. Some of the highest quality stuff on the market.
-
My entire family and 2 generations back if they were alive worth maybe 20k 😂😂😂 2 mill from family and friends is miracle
-
ugh i hope they don't corrupt their values by integrating tech into their products. They must be getting pressure to do so from investors. Love this company- I hope they remain true to what they value.
-
All it takes is an idea, a dream, and a LOT of startup money…😅
-
I remember seeing Lovevery when looking for Montessori programs for my son. The pandemic created a lot of new parent/teachers. I chose not to use this program solely because of cost. But I would consider using their phonics program. I didn't know they had that.
-
Toys for babies aren't sold to babies, toys for babies are sold to parents.
-
I love this... but something is seriously wrong if they have that many subscribers and still aren't profitable... it's no wonder their investors are not happy...
-
Proud to be one of those early investors
-
This is SO COOL! Wonderful story and mission. Love it!
-
If I buy this I’m carefully putting this away after the child is done 😂. By the grace of God this’ll last generations
-
Jessica is the best! Proud day 1 investor over here! 🙏
-
Wow... these are the most expensive toys that I have ever seen.
-
I love it!! With kids these days getting smarter and smarter, I think more and more about things like this. I really believe that the simple things really effect a Childs development. As simple as like, If you kid is carefully climbing on furniture for example. You need to let then figure it out. it ticks there inspirational mindset, you need yo let them figure it out along the way. That gives them the drive and the inspiration to keep going.
-
Awesome work done guys
-
Really riding the line of blatant advertisement with this one.
-
Congratulations! 🎉 awesome accomplishment
-
Inspiring
-
We need the story of what a fast food worker or other average earner makes and how they get by. Show the real stories.
-
How are you not profitable at 226 million annual revenue... You're a toy company.
