The Billion-Dollar Brand You’ve Never Heard Of: A fireside chat with Resident Co-Founder Ran Reske
When Resident Home was acquired by Ashley Home earlier this year it was pulling in one billion in annual revenue. But unless you’re in the market for a new mattress, the billion dollar brand is one most people have never heard of.
In a fireside chat with Founders Network Founder and CEO Kevin Holmes on September 10, Resident Co-Founder Ran Reske will share the story behind his under-the-radar success.
In this candid conversation, Ran will delve into how his startup disrupted the home goods industry with an innovative direct-to-consumer approach. You'll learn how Resident, from the very beginning, embraced a remote-work culture, building a geographically diverse and talented team. Ran will also discuss the power of data-driven marketing strategies that fueled Resident's explosive growth.
Opening Remarks @ 9:30am PT
Join us for opening remarks with Dina Fattom, Member Success Manager at Founders Network, to get the latest updates from the Network and opportunities for getting involved.
Keynote Speaker @ 9:40am PT
Ran Reske is the co-Founder & co-CEO of Resident, which was recently acquired by Ashley Furniture. Resident is the premium home goods brand that includes the largest DTC mattress portfolio with high quality brands like Nectar, DreamCloud, Level Sleep and Awara. In this role, Ran oversees operational efficiency and strategic partnerships, with a focus on accelerating the company’s overall growth trajectory. Under Ran’s leadership, the company has grown to one of the leaders in the home goods space.
As a former investment banker and venture capitalist with Citigroup and Norwest Venture Partners, Ran has helped steer a variety of hyper-growth, high-tech businesses across a wide range of sectors including consumer internet, mobile, and retail. In addition to his work leading Resident, Ran continues to help mentor young entrepreneurs. He holds a B.S. in Mechanical Engineering from Lafayette College. Born in Israel and raised in Kenya, Ran currently resides in Los Angeles with his wife and three kids.
Stage-Based Roundtables @ 10:30am PT
Community Partners:
Jeff leads the Partnerships Team at Forecastr — a leading FP&A software company that helps startups create kick-butt financial models to impress investors, confidently raise capital, and effectively run their businesses better.
Jeff serves on the advisory boards of several startup companies and is an active angel investor. He's passionate about startups and enjoys working with founders and mentoring entrepreneurs.
Jeff is an experienced entrepreneur and was the founder and CEO of a successful consumer goods company that he rapidly grew from $1M in sales its first year to over $40M in annual revenue in its fourth year of operations and was ranked #138 on the Inc. 500 list of fastest growing companies.
Prior to founding his own company, Jeff was a partner at Beanstalk Partners where he led the sales and business development activities. He also served as the National Sales Director for a venture-backed tech startup where he generated over $45M in client contracts and developed the company’s channel partner program.
Jeff has a degree in accounting and graduated Magna Cum Laude from the University of Utah. After receiving his MBA in Finance from the University of Utah he served as the Vice President of Investments for Sentry Financial Corporation.
Cathy is the Managing Partner at FullScope Growth, a global consortium of elite Fractional Executives and Business Acceleration Partners that provide the exact combination of experts that organizations require.
She has cross-functional experience in sales, management, marketing and business planning, client services, network development and operations. Delivers strong results within highly competitive markets.
Guests Are Welcome!
Please bring a guest! Every member can bring one (1) guest to each event. Each guest must be a full-time tech startup founder so they can bring new perspectives, skillsets, and experience to your chapter.
All guests must be full-time tech startup founders and you can register them directly on this function page. See How to Register a Guest here.
Confidentiality Policy:
All information shared within Founders Network is strictly confidential. We are built on a foundation of trust, and the community takes confidentiality seriously. Investors, members, and staff all share experiences and opinions off the record. In this roundtable forum, we continue to model our fnValues of Reciprocity, Humility, Authenticity and Inclusivity.