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Feb. 7, 2024

#29: How A Tech Salesman Became America's New Steel King

#29: How A Tech Salesman Became America's New Steel King

Michael and Simmy study two startups.

In #29, Michael Sikand (@michaelsikand) and Simran Sandhu (@_simmy_) discuss Felux and Tulu. Started by former tech sales exec Dallas Hogensen, Felux is the new way the world buys and sells steel. It's a digital marketplace that facilitates steel transactions from A-Z, from discovery to negotiation to financing to transportation. So far, Felux has raised over $20M and now processes $500M+ in GMV. Next up is Tulu, founded by Yishai Lehavi and Yael Shemer, which has raised over $20M. It's branded as the "usage economy platform" - but in laymen's terms - Tulu offers a tech-enabled vending machine that allows apartment residents to rent a suite of shared products - like vacuum cleaners and video game consoles.


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Our Future Podcast is a production of Morning Brew.


#business #startups #entrepreneurship #podcast

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