Wenbin Fang's Podcast Playlist

Ep 546 $14M Raised, A Car-Changing Exit

May 15, 2026·47 min
Episode Description from the Publisher

Podcast: Built to Sell Radio (LS 50 · TOP 0.5% what is this?)Episode: Ep 546 $14M Raised, A Car-Changing ExitPub date: 2026-05-15Get Podcast Transcript →powered by Listen411 - fast audio-to-text and summarizationThere's an old idea in M&A called the Rembrandt in the attic. A company owns something valuable — a brand, a patent, a customer list, a data set — and nobody inside the business sees it for what it is. The right acquirer walks in, looks at the same asset through a different lens, and recognizes a masterpiece. Dori Yona spent six years and raised $14 million building what he thought was a price protection company for consumers. Earny tracked everything its users bought online and automatically clawed back refunds whenever the price dropped within the retailer's protection window. The model never quite worked. After two rounds of layoffs, a shutdown plan presented to the board, and a move out of the Santa Monica office, Dori pivoted to selling the one thing the company had in abundance: SKU-level purchase data on 3.5 million users. That pivot found the acquirer. To a consumer packaged goods (CPG) giant trying to understand what shoppers were actually putting in their carts during COVID, the data was the prize. The consumer app was almost incidental. The podcast and artwork embedded on this page are from John Warrillow, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.

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