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9 case studies found
Roku
by Anthony WoodAnthony Wood launched Roku in 2008 as a $99 hardware device that connected TVs to the internet with a simple, accessible remote interface. Despite initial skepticism from investors and media executives, Roku grew into an expansive media company that creates and distributes content to over 65 million accounts worldwide, fundamentally changing how people consume television.
Alienware
by Nelson GonzalezAlienware was founded in the mid-1990s by Nelson Gonzalez and cofounders as a custom gaming PC shop in Miami, targeting a largely underserved market of gamers willing to pay premium prices for high-performance machines. Despite sourcing challenges and financing difficulties, the company became one of the fastest-growing private companies in the U.S. before being acquired by Dell in 2006 for an undisclosed amount.
Manduka
by Peter SteriosPeter Sterios accidentally launched Manduka, a premium yoga mat company, after discovering a superior mat while practicing yoga. He invested $25,000 in inventory and grew the business by targeting prominent yoga teachers as influencers, building it into one of the best-known yoga accessory brands in the U.S. despite early cash flow challenges.
Solo Stove
by Spencer Jan, Jeff JanSolo Stove grew from a modest DIY camping stove project into a 9-figure brand over nine years. Founded by brothers Spencer and Jeff Jan in 2010, they launched using Kickstarter and Amazon while operating remotely from Shanghai and Dallas. The brand achieved two 9-figure acquisitions, making both founders wealthy.
Priority Bicycles
by Dave WeinerPriority Bicycles is a hardware company founded by Dave Weiner in 2014 that creates low-maintenance bikes with rust-proof aluminum frames and carbon fiber belt drives. The company achieved major traction through a Kickstarter campaign that generated 1,500 orders, and has since grown to sell approximately 25,000 bikes annually across 25 models, with partnerships including hotels providing bikes for guests.
Specialized Bicycle Components
by Mike SinyardSpecialized Bicycle Components was founded by Mike Sinyard in the 1970s to sell high-quality bike parts and eventually became a pioneer in mass-producing mountain bikes. The company grew to tens of millions in revenue by the 1990s but faced near-bankruptcy after poor business decisions before recovering. Today, Specialized is an industry leader generating around $500 million in annual sales.
Vizio
by William WangVizio, founded by William Wang after his previous business failure and a near-fatal plane crash, revolutionized TV manufacturing by cutting out middlemen and offering internet-connected televisions at aggressive prices. The company became one of the top-selling TV brands in the US through direct-to-consumer distribution. In 2024, Vizio was acquired by Walmart for $2.3 billion.
HOKA
by Jean-Luc Diard, Nicolas MermoudHOKA was founded in 2007 by two French mountain athletes, Jean-Luc Diard and Nicolas Mermoud, who identified a problem with downhill running injury that major footwear brands ignored. They designed a revolutionary shoe with a rocker shape, larger volume, and softer cushioning that initially looked like clown shoes but proved transformative for ultramarathon runners. Through relentless demo-ing and getting elite runners to experience the product firsthand, HOKA grew from under $3M in sales in 2012 to over $2B annually, eventually partnering with Deckers to unlock the U.S. market.
Spinbrush
by John OsherSpinbrush was an electric toothbrush startup founded by John Osher that became the top-selling toothbrush in the U.S. through innovative design (fixed + oscillating bristles), aggressive pricing ($5 vs. $80 competitors), and packaging innovation (Try Me feature). The company achieved a $475M acquisition by Procter & Gamble after demonstrating category-defining product-market fit and managing inventory discipline that included scrapping 400,000 defective units.