Warby Parker is a carefully crafted brand and a pioneer in the DTC market. However, it is yet to prove its ability to grow profitably in a slow-growth & highly competitive market.
They didn't raise any money in the IPO so you got that part a bit wrong. Also you didn't focus on how important insurance is in this market and their current inability to address that portion of the market given they are most entirely cash pay.
They didn't raise any money in the IPO so you got that part a bit wrong. Also you didn't focus on how important insurance is in this market and their current inability to address that portion of the market given they are most entirely cash pay.