This is space that multi brand retailers like department stores should own. They should have the credibility of the high taste of their merchant team (see Barney’s circa 2005) combined with the best staff dying to find you that perfect black tote.
$20M/year & 100% bootstrapped
In 2019, they were called "IDIOTS" as they were building a product that already existed.
In 2023, their business is better than most VC-backed startups.
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While many communities have built atop various communication platforms and social networks, those platforms aren’t primarily focused on serving the needs of communities. For instance, while both Li and David use Slack for their communities, the platform is clearly designed for enterprises, which is apparent from its pricing model (starting at $7/me... See more
The internet turned everything into a commodity—now built on what economist Jeremy Rifkin calls “access relationships,” where “virtually all of our time is commodified” and “communications, communion, and commerce [are] indistinguishable.” Think of it like an open subscription loop, or peer-to-peer lifestyle funding. The next frontier is a world wh... See more
Peer-to-peer social engagement is baked into the product itself. Social+ products feature authentic engagement between the users in the network, not just with a single curator or creator.
There's nothing more disappointing than talking to someone who understands things intellectually but hasn't achieved the embodiment of that understanding to cause a transformation. They're effectively pleasing the intellect while dulling their desire to go past that first layer.