What is wrong with Stitch Fix?!?
They used to be under the radar and their stock hit ~$100 this year! Now its ~$18!!
Would they:
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Google woreDec 16, 2021
Look at actual earnings and not sales. Investors are now going "Show me the money"
LeanTaaS DNoa31OPDec 16, 2021
What about Tesla and Amazon in their early years?!?
Google woreDec 16, 2021
Tesla: Charismatic CEO and investors are involved in a cult
Amazon: Deliveries are tangible, convenient, prices are competitive, and packages give me a dopamine high
Stitchfix: Nobody I know uses it and there's no compelling reason to.
Look at actual earnings and not sales. Investors are now going "Show me the money"
What about Tesla and Amazon in their early years?!?
Tesla: Charismatic CEO and investors are involved in a cult Amazon: Deliveries are tangible, convenient, prices are competitive, and packages give me a dopamine high Stitchfix: Nobody I know uses it and there's no compelling reason to.