My firstminute | Niraj Shah, Wayfair
Manage episode 349001131 series 3379379
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.