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102- ON - Business Design Teardown
d.MBA
Impressive Gross Margins and On's IPO
The speakers discuss the impressive gross margins of companies like Lululemon, Hoka, A6, Nike, and ESUP, and highlight how On is investing differently. They also share details about On's profitable net profitability since 2022 and compare its IPO to companies like Bumble, Robinhood, and Coinbase, while wondering about thumbs up emojis on Tom's video.
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