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.@GaganBiyani @Sprig: entrepreneurship is activism; goal=change world & make lives better-w/@jason-THX @Squarespace
In episode 620 of This Week in Startups, Jason sits down with Gagan Biyani, CEO and cofounder of Sprig, formerly of Udemy and -- Jason learns through the course of the conversation -- Lyft. They discuss Gagan’s background in entrepreneurship and peer-to-peer services as a foundation for the work he’s doing with Sprig, a brand-new Sprig feature, and the tremendous future he predicts for the company. Here are a few other highlights from this episode.
0:41 - 7:25: Jason & Gagan discuss Gagan’s background at Udemy
7:25 - 11:00: Gagan discusses his history in P2P work, starting at Lyft following his time at Udemy.
14:50 - 16:21: Jason and Gagan chat about Sprig, their value proposition, and why this matters for the success they’re seeing
16:21 - 19:01: Jason asks Gagan about where his idea for Sprig came from and how technology enabled this leap in food delivery technologies.
19:01 - 20:36: Gagan explains the kinds of differences between the food delivery and ride markets.
20:36 - 25:43: Gagan gives insight into the R&D department at Sprig which is taking advantage of changes in culinary technology & cooking/transportation times
29:35 - 30:52: Jason asks Gagan: “Who are the whales?” and the chat more about target, high value customers.
30:52 - 33:47: Jason and Gagan discuss the unit economics of Sprig meals, and their increased leverage compared with similar restaurant “competitors.”
33:48 - 35:49: Gagan and Jason talk about the different growth metrics Sprig is measuring and the kind of success they’re seeing.
37:03 - 39:22: Gagan gives insight into his personal philosophy of entrepreneurship, and how that ties into Sprig’s mission.
39:23 - 42:50: Jason and Gagan discuss the quality of food, Sprig’s ability to iterate, and competitors in the space.
42:50 - 53:24: Jason asks Gagan about Sprig competition: UberEATS, Munchery, and Blue Apron.
53:25 - 56:51: Gagan and Jason discuss school, prison, hospital food, future developments for Sprig in the food industry -- also nutrition and health
56:51 - 63:32: Gagan gives a demo of the new food/nutrition classification system in Sprig
63:32 - 64:16: Jason asks Gagan about robotics in Sprig’s future
64:15 - 67:47: The conversation turns back to unit economics.
67:47 - 73:52: Gagan and Jason discuss Sprig moving into new cities, food trucks, and other aspects of the business.
75:55 - 79:54: Jason asks Gagan about growth hacking, and Gagan speaks about growth, marketing, and unit economics in his focus as a CEO
81:09 - 83:47: Jason and Gagan talk about the demand for drivers between all of the companies looking for people to move things in these industries. They finish by discussing how delivery/driver based industries are improving the job market.
