20VC: The On Running Memo: From Swiss Mountains to NASDAQ IPO: The Story of Three Friends Who Built a Sports Giant

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch · May 31, 2023 · 44m

David Alleman is the Co-Founder and Co-Chairman @ On Running one of the fastest-growing global sports brands with over 17 million products sold in 60+ countries. In 2021, On went public on the NASDAQ and today has a market cap of $8.7BN. However, it all started with three friends in the mountains experimenting with making shoes with pieces of garden hose to create a running shoe with a totally different feel.

In Today's Episode with David Alleman We Discuss:

1. From the Swiss Mountains to NASDAQ IPO:

What was the initial a-ha moment for David and his co-founders with On Running?

How did they…