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My firstminute | Niraj Shah, Wayfair

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Manage episode 349001131 series 3379379
Content provided by firstminute capital and Firstminute capital. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by firstminute capital and Firstminute capital or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

What is the recipe for successful co-founders? 👨🏻‍🍳🥣

How do you make marketplace economics work? 🔂

We dig into all this as well as the future of commerce, contrarian ideas, COVID tailwinds, how to make marketplace economics work with Niraj Shah, Co-founder, Co-Chairman & CEO of Wayfair.

Niraj co-founded the company with Steve Conine back in 2002 and the pair rapidly grew the business to become one of the largest online destinations for home furnishings, housewares, home improvement goods and more, generating around $14 billion in revenue.

During the session from Friday 26th June 2020, we explored the many aspects of Niraj's journey as well as, e-com defensibility and the role of private label brands, and finally, why a US company should or shouldn’t expand internationally.

  continue reading

Chapters

1. Building Defensibility (00:10:01)

2. Competitive Advantage (00:11:34)

3. Private Label Brands (00:12:20)

4. Emerging Tech (00:14:16)

5. Successful recipe for co-founders (00:20:54)

6. Retention (00:31:24)

7. Reducing Friction (00:32:55)

45 episodes

Artwork
iconShare
 
Manage episode 349001131 series 3379379
Content provided by firstminute capital and Firstminute capital. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by firstminute capital and Firstminute capital or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

What is the recipe for successful co-founders? 👨🏻‍🍳🥣

How do you make marketplace economics work? 🔂

We dig into all this as well as the future of commerce, contrarian ideas, COVID tailwinds, how to make marketplace economics work with Niraj Shah, Co-founder, Co-Chairman & CEO of Wayfair.

Niraj co-founded the company with Steve Conine back in 2002 and the pair rapidly grew the business to become one of the largest online destinations for home furnishings, housewares, home improvement goods and more, generating around $14 billion in revenue.

During the session from Friday 26th June 2020, we explored the many aspects of Niraj's journey as well as, e-com defensibility and the role of private label brands, and finally, why a US company should or shouldn’t expand internationally.

  continue reading

Chapters

1. Building Defensibility (00:10:01)

2. Competitive Advantage (00:11:34)

3. Private Label Brands (00:12:20)

4. Emerging Tech (00:14:16)

5. Successful recipe for co-founders (00:20:54)

6. Retention (00:31:24)

7. Reducing Friction (00:32:55)

45 episodes

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