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Like many other DTC brands it’s merely a vehicle to relieve venture capitalists of their money. If you consider that’s the main goal (not making sustainable footwear) then the move makes more sense.
I thought this was an Onion story when I saw the first headline.
This is quite possibly the most confusing development of the AI bubble thus far.
Hilarious and totally not reflective of a bubble AT ALL. Hang on tight kids, this is gonna be a wild ride.
AI ‘taking jobs’ by converting retail companies into little AI investment firms
They’re gonna hold up about as well as their footwear.




