Sometimes your gut is the best you’ve got.
Berkonomics
APRIL 7, 2022
How I didn’t follow my own advice. 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. An entrepreneur makes a claim that stretches comfort. You see, women’s clothing is subject to fashion changes so frequently that inventory becomes obsolete quickly.
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