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Understanding Solo Stove: Innovation and Growth

Authored by Patrick Rady

Business

11th Grade

Understanding Solo Stove: Innovation and Growth
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What year was Solo Stove founded?

2010

2011

2009

2012

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which technology is central to Solo Stove's products?

Biofuel usage

Electric heating

Solar power

Secondary combustion

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the initial funding goal on Kickstarter for the backyard fire pit known as the bonfire?

$15,000

$10,000

$20,000

$25,000

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who was appointed as CEO of Solo Stove in 2018 to help scale the business?

Marissa Meyers

Spencer Jan

Jeff Jan

John Meyers

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was Solo Stove's revenue in 2019?

$39 million

$30 million

$25 million

$50 million

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

During which event did Solo Stove see a significant increase in demand?

COVID-19 pandemic

2008 financial crisis

2010 World Expo

2012 Olympics

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the IPO price of Solo Brands?

$20 a share

$17 a share

$15 a share

$25 a share

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