Why there still haven’t been more billion-dollar acquisitions for direct-to-consumer commerce startups
Dan Frommernewconsumer.com
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Why there still haven’t been more billion-dollar acquisitions for direct-to-consumer commerce startups
Somehow, despite massive secular shifts and a lot of noise about rising ecommerce penetration, the DTC products themselves have produced only one billion dollar outcome: Dollar Shave Club (two if you count Harry’s).
Packy McCormick • Shopify and the Hard Thing About Easy Things
If ecommerce is blowing up, why are there so few big DTC exits?
Packy McCormick • Shopify and the Hard Thing About Easy Things
The optics of successful liquidity events for Blue Nile, Zullily, Chewy and Zappos, and the incredible traction in the 2000s of The GAP as a public vertical consumer brand established meaningful consumer business outcomes. These potential to repeat history through a new crop of Direct to Consumer upstarts paired well with the pent up venture capita... See more