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Episode 49: The Stitch Fix IPO
Acquired
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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