This was announced a few days ago, but I wanted to get the SZ community's opinion on the increasing interest in the menswear reselling market, especially with new VC money pouring into startups, albeit mainly catering towards streetwear, such as grailed, goat, etc...
Index Ventures just put in $15mm into grailed (no clue at valuation though). I've always been on the side that you should purchase items that you truly love and appreciate, but this sudden investor interest into platforms such as grailed will definitely further change this mindset into one of consumerism, profit, and turnover.
Index Ventures just put in $15mm into grailed (no clue at valuation though). I've always been on the side that you should purchase items that you truly love and appreciate, but this sudden investor interest into platforms such as grailed will definitely further change this mindset into one of consumerism, profit, and turnover.
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