2min chapter

How I Built This with Guy Raz cover image

How I Built Resilience: Niraj Shah and Steve Conine of Wayfair

How I Built This with Guy Raz

CHAPTER

The Long Term Strategy of Wayfare

I want to ask you about the long term strategy you guys had, because essentially, you were not profitable until this latest quarter. In large part, from what i understand, because you were spending a lot of money building up logistics in technology, which i guess paid off at this moment. Ye, it's funny how the timing lines up, because we built the company boot strapping and so we are profitable for the first decade plus of the business,. But then when we raised money to build up the wayfare brand, then we're losing money....

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