Zulily: Fresh, Fast, and Worth $1 Billion(inc.com)
inc.com
Zulily: Fresh, Fast, and Worth $1 Billion
http://www.inc.com/jeremy-quittner/billionaire-club-zulily.html
2 comments
I don't want to be negative, but this seems like a 100% puff PR release. I've never heard of this company and without doing additional research I feel like I still know nothing.
Nothing is explained - what exactly do they do (online retail?), how it's different from competition, do they make money & how is this valuation justified?
I seriously can't tell if it's a parody or a real piece.
I know of this company through my wife and her sister. In the last year, my wife's sister has purchased over $1k worth of goods and my wife has spent close to $400 for our new baby. Zulily is taking mom's by storm.
I suppose if you knew of the company before this does indeed make more sense. Zullity does children clothing, based in Seattle. The whole company was basically engineered to IPO by some really smart founders. if you have a few more minutes, I'd look them up. They are growing like no tomorrow.
I also have not heard of them. It's probably because we aren't the target market :)
Looks like they are a Groupon for moms and kids
Without going into too much detail, the guys that work there are really good at what they do. They purposely avoid PR, and for good reason, they don't want too much information revealed about just how successful they really are.
If anyone knows anything about Flash sales, they'll know that Zulily is one of the top contenders in the space.
If anyone knows anything about Flash sales, they'll know that Zulily is one of the top contenders in the space.