Nearly ten years ago now, Andy Dunn, Bonobos’ former CEO, wrote an essay titled “E-Commerce is a Bear.” Not much has changed since then. While we won’t rehash Dunn’s entire essay here, we will pull one relevant piece: The problem with e-commerce is that the joy of the consumer experience, extraordinary top-line growth, and market share theft are not yet met by strong business fundamentals for standalone e-commerce players.
Bear
Bear
Bear
Nearly ten years ago now, Andy Dunn, Bonobos’ former CEO, wrote an essay titled “E-Commerce is a Bear.” Not much has changed since then. While we won’t rehash Dunn’s entire essay here, we will pull one relevant piece: The problem with e-commerce is that the joy of the consumer experience, extraordinary top-line growth, and market share theft are not yet met by strong business fundamentals for standalone e-commerce players.