E Commerce is a Bear

Andy Dunn, founder and CEO of Bonobos Inc. , presents on the challenges of building a profitable, lasting ecommerce company. In two decades of ecommerce in the US, we have produced only two standalone ecommerce companies of meaningful enterprise value: Amazon and eBay. One went public in 1997, the other in 1998. What gives The problem with ecommerce is that the joy of the consumer experience, extraordinary topline growth, and market share theft are not yet met by strong business fundamentals for standa