"Cohen emulated his father's discipline when he was building his startup, online pet goods retailer Chewy, which was acquired by PetSmart in 2017 for $3.35 billion—the largest ecommerce acquisition at the time."
"Many were concerned competing with Amazon would be a major obstacle and saw the death of Pets.com during the early 2000s as a cautionary tale. Ultimately, Cohen was rejected by 100 different investors."
"Customers raved online about the company's attention to detail, which includes sending handwritten cards and sometimes oil paintings of pets."
Ryan Cohen, a billionaire entrepreneur, is attempting to revive GameStop amid its struggles. Recently, GameStop made a $56 billion unsolicited offer to buy eBay. Cohen, who was born in Montreal and did not attend college, attributes his success to his father's discipline and support. He previously founded Chewy, an online pet goods retailer, which grew significantly despite initial investor rejections. By 2018, Chewy expanded to 9,000 employees and multiple warehouses, known for its exceptional customer service.
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