sari

Stitch Fix is likely a $100b company within 10 years. Quick thread:

The fact is, star brands take time to grow. Take some of the small makeup companies we have acquired recently, like Bliss and Urban Decay. When we bought them, they were little start-ups run by their founders—very simple businesses, but with a lot of originality in the products. So now we know we must nurture them until they have some history. But

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When a creativity medium is democratized, the volume of available content swells, necessitating a curational layer. We’ve reached this third stage for podcasts.

No one has taken the vertically integrated approach and long view that Opendoor has. Opendoor built the world’s most accurate home pricing model, operates a distributed network of thousands of inspectors and contractors, regularly accesses both the debt and equity capital markets, takes inventory risk, and coordinates among the many parties involve... See more

For consumers, the difficulty of participating in crypto services is certainly similar to the Internet of the early 90s. Two exceptional companies stand out as being easy enough to recommend to non-crypto friends: Dapper and Coinbase. But we are very much still in a pre-consumer phase of Web3. While there are games emerging (see: Axie), and pockets... See more

My dear friend Jordan Richman reminded me last year—”It doesn’t matter how many followers you have. It matters who follows you.” This is certainly a truism to live by. It’s something young people seem to be realizing more and more by the day. Being back in New York, I’ve noticed young people seem disinterested in follower counts—perhaps to the poin... See more