Matthew Giampetroni
@matthewgiampetroni
Venture Capitalist at Velvet Sea Ventures
Matthew Giampetroni
@matthewgiampetroni
Bernard himself continuously expresses that ‘creating desire’ is the most important part of what they are doing at LVMH
investing wisdom and
People buying premium or even super-premium like to justify every dollar by a return on investment. Premium means pay more, get more in functional benefits. Luxury is elsewhere: it signals the capacity of the buyer to transcend needs, functions, or objective benefits.
you demonstrated excellent curation ability, and that’s a high-status thing to have
Most people are rather confident of their ability to recognize bullshit and to avoid being taken in by it
