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KiwiCo Inc. has achieved a significant milestone by surpassing $1 billion in lifetime revenue. The company, which has been self-financing for the past 10 years, initially raised only $10 million in venture capital funding. Despite the challenges faced by many consumer-focused startups, KiwiCo has generated an operating profit for seven consecutive years. This accomplishment highlights the effective leadership of Sandra Oh Lin, who has been with the company since 2011, and the support from early investors like ForerunnerVC. KiwiCo's focus on building a fundamentally better consumer product has been key to its durable growth.
Kiwi is a prime example of the magic that happens from being heads-down building a fundamentally better consumer product. With only $10M raised, they've walked the walk on delivering real durable growth (long before that was trendy). Congrats @kiwico_inc! https://t.co/N1SCBcuDCU
Kiwi, one of our earliest investments, is an excellent example of the magic that happens from heads-down building a fundamentally better consumer product. With only $10M raised, they've walked the walk on durable, real growth (long before that was trendy). Big congrats…
Exciting feature of @kiwico_inc & @sandraohlin - big milestone of crossing $1B of revenues since inception on mere $10M of VC funding. Proud to have partnered with Sandra and her team since 2011… Great narrative by @agarfinks https://t.co/yihNnYgUMR
