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In general, it feels like this sort of company as a venture backed company is a waste of time. I understand you can create a 'brandless as a brand' company and
by danimal88 7y ago
In general, it feels like this sort of company as a venture backed company is a waste of time. I understand you can create a 'brandless as a brand' company and make people think they are getting more for less, but this is literally just an exercise in consumerism and customer acquisition. I don't love that nonduraable CPG is controlled by a small handful of conglomerates but I also wish VCs would ignore this type of play and work on doing something more meaningful. I understand that there are and will be investors in different categories, but things like this feel like venture backed plastic pollution as a lifestyle brand.
- bobthepanda 7y agoYeah, the problem in a market like this is differentiation. Lots of stores have "brandless" or own-branded goods that are at least acceptable (Costco's Kirkland, Trader Joe's general goods, etc.) and it's hard to see what the value proposition of buying something non-branded is from a website vs. a store.