The Story Behind Warby Parker
Jill on Money with Jill Schlesinger
Audacy
4.6 • 1.9K Ratings
🗓️ 23 January 2020
⏱️ 30 minutes
🧾️ Download transcript
Summary
Warby Parker was founded with a rebellious spirit and a lofty objective: to offer designer eyewear at a revolutionary price, while leading the way for socially conscious businesses.
We’re lucky enough to have two of the founders with us in-studio as Neil Blumenthal and Dave Gilboa join us on the latest show.
By circumventing traditional channels, designing glasses in-house, and engaging with customers directly, Warby Parker is able to provide higher-quality, better-looking prescription eyewear at a fraction of the going price.
The team believes that buying glasses should be easy and fun. It should leave you happy and good-looking, with money in your pocket.
They also believe that everyone has the right to see.
Almost one billion people worldwide lack access to glasses, which means that 15% of the world’s population cannot effectively learn or work.
To help address this problem, Warby Parker partners with nonprofits like VisionSpring to ensure that for every pair of glasses sold, a pair is distributed to someone in need.
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"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.
Transcript
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| 0:00.0 | Hi, it's Jill Schlesinger on this episode of the program. |
| 0:06.6 | What's behind the success of Warby Parker? |
| 0:09.8 | If you want to create shareholder value, right, you have to make customers happy. |
| 0:14.1 | To make customers happy, you have to hire the best and the brightest. |
| 0:18.8 | So you have to have happy employees. |
| 0:20.9 | Where do employees want to work? |
| 0:22.1 | They want to work at mission-driven |
| 0:23.4 | organizations. Welcome to the Jill on Money Podcast. We are presented by Marcus by |
| 0:29.0 | Goldman Sachs. We've got great guests today. I want to get into it quickly. It's exciting, |
| 0:34.3 | Dave Gilboa and Neil Blumenthal, they are co-founders and co-ceeos of Warby Parker. |
| 0:40.8 | Yep, that's the eyewear company that disrupted the industry by |
| 0:45.1 | drastically lowering prices for stylish frames. Here's our interview with Dave |
| 0:49.8 | and Neil. You're listening to Jill on Money with Jill Schlesinger. |
| 0:55.0 | So, Neil, what is the best career or financial decision you've made after Warby Parker? |
| 1:00.0 | After Warby Parker. |
| 1:02.0 | The best decision I ever made was... Parker. line helped put me through business school now has a line of children's |
| 1:17.5 | apparel called Rockets of Awesome that's all direct a consumer online. You guys are |
| 1:21.8 | a power couple g geez. Yeah. |
| 1:24.0 | So I was finding the right partner. Probably one other story would be joining Vision Spring, |
| 1:30.0 | the non-profits or startup and taking a risk of moving down to El Salvador to work on a pilot |
| 1:36.6 | program, I find when I'm speaking to young people sometimes they underestimate the amount of |
| 1:42.0 | learning that you can get in an environment where you have a lot |
... |
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