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Stitch Fix CEO doesn’t seem worried about Amazon

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Stitch Fix CEO Katarina Lake did not express much concern over Amazon and its entrance into fashion with Prime Wardrobe at the Code Conference today. Lake says that while she does think about Amazon, that Amazon offers a “fundamentally different” value proposition. With Amazon, Lake said, the value proposition is about having a “sea of […]

Amazon’s next conquest will be apparel

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Sunny Dhillon Contributor More posts by this contributor The rise of experiential commerce Approaching e-commerce investments in the age of Amazon Late last year, after Amazon announced it had acquired the rights to J.R.R. Tolkien’s epic “Lord of the Rings” saga for $250 million, I wrote how the move underscored Amazon’s relentless pursuit to build […]

Stitch Fix falls 6% after earnings miss

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Stitch Fix, the on-demand fashion styling business, saw its shares quickly fall 6% following the bell on Monday, after missing earnings projections for its second-quarter release.  The company posted an adjusted earnings per share of two cents, beneath the six cents that analysts surveyed by Yahoo! Finance were hoping for. Revenue for the quarter surpassed […]

These startup exits delivered the biggest bang for the buck

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Big IPOs by the best-known brands tend to dominate attention in startup circles. Last year, for instance, it was hard to miss headlines about Snap’s monumental market debut. But when it comes to delivering significant returns on invested capital, it’s often lower-profile companies that come out on top. Startups like personalized fashion provider Stitch Fix and cancer therapy developer Impact […]

US & Canada VCs favor late-stage giants over upstarts in Q4

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Startup investors in the U.S. and Canada have been putting a little less money to work across a lot fewer deals in recent months. After three quarters of rising investment at early through growth stage, VCs have cut back in the fourth quarter of 2017. They participated in fewer deals and invested less capital compared […]

Equity podcast: Stitch Fix tumbles, stocks go crypto and VCs still love unicorns

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Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This week the crew — Katie Roof, Matthew Lynley, Alex Wilhelm — were joined Jeff Richards, a managing partner at GGV. (GGV has raised nearly $4 billion to invest, according to Crunchbase.) This week we turned our eyes to […]

Stitch Fix is crashing after its first-ever earnings report

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Stitch Fix’s first earnings report is not going well for the company, as its shares fell quite a bit after seeing a significant run up over the past month following its IPO. Stitch Fix, a personalized apparel company that ships a box of recommended items that users can buy or send back, closed up just […]

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