Episode 49: The Stitch Fix IPO
Acquired
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Stitch Fix
Stitch Fix is succeeding in an era where they're doing profits first. They were funding acquiring new customers largely with profit for the last few years. Amazon has, I don't know, it's like over half of America or half of US households now and their margins are like 2% or less. And you look at a company like Stitch Fix that says, "We provide a great service and we charge for it and we make money on it"
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