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Most stereotypes are lagging indicators that do not tell us about the future, as the history of Fenty Beauty makes clear.

• Noumenon72 7y ago
  I don't believe Fenty Beauty has been discussed on Hacker News before seeing as how it's a line of cosmetics, so maybe you could expand on what you know about its history that others may not have been following in as much detail?
  • bgilroy26 7y ago
    In 2017, Fenty Beauty found an underserved market (dark-skinned women and high-quality makeup) and made a killing selling them what they wanted. If you relied solely on history and stereotypes, you would believe nobody could make $500 million dollars that way. https://www.fool.com/investing/2019/05/15/rihannas-fenty-is-now-lvmhs-newest-growth-engine.aspx https://www.fool.com/investing/2019/05/15/rihannas-fenty-is-...
    • Noumenon72 7y ago
      Thank you very much!