Business Model Innovation Needed! – Rent The Runway IPO

Rent The Runway, a linear fashion rental startup, went public on October 27th hitting a valuation of over $1.7 billion as it sold shares at the top of its $18 and $21 range. Alex discusses the stock surging above $23 per share before falling and ending the day down 8%. He explains why he thinks $RENT has missed the growth opportunity in secondhand clothing marketplaces and is overdue to innovate on its rental focused business model.

00:00 – Subscribe and Fight Big Tech
00:21 – $RENT is Down!
01:02 – Pandemic Woes
01:29 – Losing Millions
01:46 – Model Problem
02:39 – Where’s The Platform?
03:11 – Competitors
04:28 – Need Business Model Innovation
04:52 – Getting Beat By Better Models
06:27 – Why I’m NOT Buying!

This is an excerpt from episode 181 of Winner Take All. Watch the full episode here: youtu.be/fhvgaiT7Loo

Originally Aired: 11/02/21
#RENT #StockMarket #2021IPO

Subscribe to the Applico YouTube Channel


Filed under: Winner Take All | Topics:

Weekly Industry Newsletter

Top Posts

  • B2B Chemical Marketplaces and Tech Startups: Landscape and State of the Industry

    Read more

  • Platform vs. Linear: Business Models 101

    Read more

  • Amazon Business – 2020 Report

    Read more

  • Platform Business Model – Definition | What is it? | Explanation

    Read more

  • The Value of Digital Transformation: How Investors Evaluate “Tech”

    Read more