Tatcha
Co-founder · Head of Operations & Finance
$4M → $100M+
Revenue scaled
5
Global distribution centers, from garage fulfillment
$25M
Positive working capital balance at exit
$500M
Acquisition by Unilever
Context
Venture-backed beauty brand in hypergrowth.
The bottleneck
Negative working capital and an inventory bubble: growth was consuming cash faster than it produced it.
The execution
Took fulfillment from a garage to five global distribution centers and designed the supply chain and financial models that ran across those international hubs.
The outcome
A $25M positive working capital balance and a business ready for diligence, leading to the $500M acquisition by Unilever.