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OXO has ~100 people. The parent company has a market cap of 1.6B (including Pur water filters and a few other brands). Quirky has ~80 people and $91 million in
by krschultz 14y ago
OXO has ~100 people. The parent company has a market cap of 1.6B (including Pur water filters and a few other brands). Quirky has ~80 people and $91 million in VC funding. Assuming Quirky is operating under the normal VC rules, they want to soon be a billion dollar company - larger than OXO.
I find it strange that Quirky is playing up the "david vs goliath" angle. If you've been in both of their offices, Quirky actually feels like they have more money.
More importantly, if Quirky wants to be a billion dollar company, they are going to have to do something a whole lot more innovative than a better dust pan.
- deleted 14y ago[deleted]
- mason55 14y ago> OXO has ~100 people The crazy thing is that they make eight and a half different products per employee. When you think about the fact that you're talking about physical products, that's crazy.
- drharris 14y agoIndeed, and decent products at that. I've enjoyed all but a few of the OXO products I've bought, which is more than I can say for a few of the Quirky products I've bought (pivot power for one).
- user-id 14y agoQuirky are really pushing the "David & Goliath" angle in their latest response. http://www.quirky.com/blog/post/2013/01/quirky-stands-strong-following-oxo’s-response/ http://www.quirky.com/blog/post/2013/01/quirky-stands-strong...
- bruceboughton 14y agoThe comments on that piece are depressing.