Sometimes your gut is the best you’ve got.
Berkonomics
DECEMBER 17, 2015
Years ago I led a deal and invested in a company that looked like it had lots of promise to disrupt the women’s clothing industry with special algorithms and an online store. But something had bothered me from the very start – unsalable inventory.you trusted the data. You see, women’s clothing is subject to fashion changes so frequently that inventory becomes obsolete quickly.
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