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The Meb Faber Show - Better Investing

David Oates, Curtsy - Our Number One Best Selling Item To-Date Is Active Wear…Lululemon Leggings, Lululemon Shorts, Nike Shorts | #247

The Meb Faber Show - Better Investing

The Idea Farm

Business, Investing, Management

4.7938 Ratings

🗓️ 7 September 2020

⏱️ 46 minutes

🧾️ Download transcript

Summary

In episode 247 we welcome our guest, David Oates, CEO and Co-Founder of Curtsy. In today’s episode, we’re talking about running a company completely designed around making it easy for people to buy and sell clothes. We chat about the pivot the company took from launching as an app allowing women to rent clothing from each other to an app focused on buying and selling. We discuss some of the user-friendly features that have moved the needle for the company, like the effort put into curating and merchandising the items to the Curtsy shipping kit that keeps users from needing to leave their home to ship items. Curtsy has found themselves in the fortunate position of increased growth during this environment, but our guest lets us in on what the team is focused on in the near future, and what they are excited about as they look ahead. All this and more in episode 247 with David Oates. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to the Medfavor Show, where the focus is on helping you grow and preserve your wealth.

0:11.0

Join us as we discuss the craft of investing and

0:13.5

uncover new and profitable ideas all to help you grow wealthier and wiser.

0:17.2

Better investing starts here.

0:18.8

Met Faber is the co-founder and chief investment officer at Cambria Investment Management.

0:23.3

Did it industry regulations, he will not discuss any of Cambry's funds on this podcast.

0:27.2

All opinions expressed by podcast participants are solely their own opinions and do not reflect the opinion

0:31.1

of Cambria Investment Management or its affiliates.

0:33.4

For more information, visit Cambria Investments.com.

0:39.6

Welcome, podcast friends. We got a fun show for you today.

0:42.2

Our guest is the founder and

0:44.4

CEO of Kirtzi, an app making it easy to buy and sell and resell clothes.

0:49.8

That's for whether you're cleaning out your closet or looking to fund your next great outfit.

0:55.0

In today's episode, we're talking about running a company completely designed around making it easy for people to buy and sell clothes. We chat about the pivot the company

1:04.6

took from clothing rentals to focused on buying and selling and reselling. We

1:09.3

discuss some of the user-friendly features that have moved the needle for the company like the effort put into curating and

1:14.4

merchandising the items to the curtsy's shipping kit that keeps users from needing to leave their

1:19.2

home to ship items.

1:21.6

Kurtzy has found themselves in the fortunate position of increased growth during this items. what they are excited about is they look ahead towards the horizon.

1:33.8

American Farmland is disappearing at an alarming rate.

1:37.1

According to the USDA, the US has lost four acres of farmland per minute since

1:41.9

2000. That's a landmass larger than the state of Florida,

...

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