How I failed: the gym business which went under, with Shares Co-Founder Benjamin Chemla
Benjamin Chemla has been an entrepreneur for over a decade. He co-founded the massive on-demand delivery service Stuart in 2015 and currently he is the Co-Founder and CEO of Shares, a just-launched app which makes investing a social experience.
But between his successes, there was a high profile failure. Benjamin founded a group of gyms in New York City called Fithouse in 2017. Everything started great, classes running on everything from yoga to boxing. Investors had put up $10 million and he was turning a profit. But then came the pandemic…
Find out what happened next and why Benjamin decided it was better to walk away than stay and fight.
If you have any feedback, we’d love to hear it. What would make the show better?
Sponsor links:
Activity