“We doubled the size of it in about 18 months. And then we built the last mile transportation network, the size of UPS in about 20 months.”
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Said on The a16z Show
Afford Anything | Get Smarter With Money · Steve Jobs Hated the Name “Genius Bar.” How He Came Around, with Ron Johnson
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Collapsed multiple kids' clothing size categories into a single 4-20 size range, effectively doubling the assortment while simplifying inventory
“We doubled the size of it in about 18 months. And then we built the last mile transportation network, the size of UPS in about 20 months.”
“The bond market is a multiple of the size of the equity market. Oh, yes. 3x, 4x, something like that?”
“We haven't done it once... companies have been under-invested in... they need cash for systems and people to double and triple the size.”
“Rewrite your sizing chart, like in shopper's language… put that right next to the size selector, don’t make people dig around for it.”
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