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Had the same thought when Rent the Runway's IPO was on the front page. They're not even a tech company.
by tdeck 5y ago
Had the same thought when Rent the Runway's IPO was on the front page. They're not even a tech company.
- randycupertino 5y agoI'd argue they're a tech company as much as Uber, WeWork, or Airbnb. Rent the runway uses a website and programming to monitor their logistics, inventory, implement designer looks each season and AI to learn user's preferences and suggest new looks to recommend to them for certain events. Their "stylists" are really just machine learning suggestions. Would you disqualify Uber as a tech co, saying they're just a taxi co? Kinda same umbrella, imo.