Advice Line with Perry Chen of Kickstarter

This episode of How I Built This Lab features Guy Raz interviewing Perry Chen, co-founder of Kickstarter, who shares updates about his ventures since his last appearance on the show. Perry discusses his transition away from Kickstarter, his involvement in the art world, and his return to music. Raz and Chen explore topics like the implications of AI on creativity and how to maintain artistic integrity in the age of technology.

The episode also features callers who explain their business challenges. The first caller, Jesse Hodge, discusses his company ModTub, which sells cold plunges. He seeks advice on whether to sell his company or find partners. Perry suggests exploring different paths: hiring a CEO, selling the company, or continuing to grow organically.

Next, Catherine Kerbis from Hitch, a hot sauce brand, asks for advice on scaling into national retailers without taking on significant investment. She shares insights into the brand's journey and challenges. Chen and Raz encourage her to consider product demos for better exposure.

Lastly, Joe Fontana, founder of Fry the Coop, shares his ambitious goal of opening 75 locations in ten years and seeks advice on raising funds without diluting equity. Discussions reveal various routes he could take, including franchising and securing aligned investors. Chen offers insights into maintaining brand integrity as the business grows while highlighting the potential benefits of investing in operational efficiencies.

The episode culminates with Chen reflecting on his entrepreneurial experience, emphasizing the balance between ambition and the realities faced by entrepreneurs.