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Episode 49: The Stitch Fix IPO
Acquired
Stitch Fix - Is the Stock Market a Voting Machine?
Stitch Fix is trading at almost $2 billion now on the public market. They make a nice margin on the goods and it's about 45% which is in line with traditional retail margins. Over time, the amount that people are keeping stuff they send goes up so they end up spending more with Stitch Fix each order.
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