💀 CASE STUDY · STARTUP
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Why Did Sprig Fail?

Cooked Its Own Meals, Delivered Its Own Losses

2017YEAR
☠️ STARTUPCAUSE
💸 $57MTHE BURN

📜 What Happened

Sprig cooked healthy meals in its OWN kitchens and delivered with its OWN drivers — full-stack food. Every layer added cost: chefs, kitchens, fleet, support. A $10 meal cost ~$32 to make and deliver. Even at scale in San Francisco — the best-case market — the math never crossed. Founder Gagan Biyani's post-mortem became required reading: 'the more we grew, the more money we lost.'

☠️ The Fatal Mistake

Vertical integration before profitability — owning every layer of a business where every layer was a loss center.

🧠 The Lesson (Free for You)

Own layers only when each pays rent. Growth that deepens losses isn't traction — it's acceleration toward the wall.

📕 The Antidote Book

$100M Money Models cover
$100M Money Models Alex Hormozi · Business & Startups · 7 lessons

Third in Hormozi's Acquisition.com trilogy ($100M Offers, $100M Leads), Money Models answers the question that kills most growing businesses: cash flow. A money model is the deliberate SEQUENCE of offers — attraction…

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