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I read the article, then was surprised to see that the comments here are focused to much on the clothing part of the story, rather than the investment and finan
by pwinnski 6y ago
I read the article, then was surprised to see that the comments here are focused to much on the clothing part of the story, rather than the investment and financing parts of the story.
They way VC is described in the story seems familiar to me from time spent working for Bay-area startups, and I think the critiques in the story apply in tech as well.
- Shivetya 6y agoWell DTC is moving through a lot of non perishable industries as many do understand how much power retailers have over the manufacturer of products they sell. Just as the article mention RTVs and discounting forced upon the manufacturer grocery has been doing this for ages, even down to the point of forcing sales on a schedule, charging for end cap space or specific aisles. One issue the fashion industry also faced is that for the last few years it really felt as if America was pulling back from celebrity worship. That is good thing and part of that means not having to keep up with the Kardashians, whether their TV show or the brands they sport. With so many in the music industry called out in #METOO; excepting one glaring genre; there was pull back there as well. DTC has made it sort of in perishables through Instacart and such push many manufacturers DTC through proxies like Amazon and more. As for sweats, as an ex who used to model when young always told me, sweats don't judge.
- draw_down 6y ago> With so many in the music industry called out in #METOO; excepting one glaring genre It’s interesting to watch people get their little digs in on here, I’ll say that.
- swang 6y agoI'm guessing because the unique outlier is about the fashion. Lots of other articles on HN about investment/financing