How Warby Parker Grew From Eyeglasses Upstart To $1.8 Billion Business

[@TwicebakedJake]

They now sell expensive lenses at physical locations. They literally became exactly what they tried to tear down.

[@vl1180]

They said in store prices are $95…

[@kateriniker5934]

@@vl1180 They have some nicer dynamic designs for more than $100. Yet majority remain around $95!

[@dwayne9959]

You adapt or you go out of business. "Expensive" is relative. You price what the market will pay. Hence why its a billion dollar company now.

[@Jhene_Simone]

$95 is the base price before choosing the lens type, anti fatigue, blue light blocking, etc everything is an add on and my recent pair was $325 so let’s not sit here and act like $95 glasses are being sold anymore lmao

[@DarrylMarshall-k9j]

Who cares... You're in business to make money...

[@TinaMyles]

I plan to retire or reduce my work hours in five years, and I'm interested in how others allocate their income between savings, spending, and investments. I currently earn about $175K annually but haven't built up much in savings so far.

[@MagdaleneM-f3q]

There are numerous strategies to achieve high yields during a financial crisis, but it is crucial to undertake such trades with the guidance and supervision of a professional financial advisor to ensure informed decision-making and risk management.

[@KentBrono]

That's true. I've been assisted by a financial advisor for almost a year now. I started with less than $200K, and I'm just $19,000 short of half a million in profit.

[@KentBrono]

Julianne Iwersen Niemann is the coach that guides, you probably might've come across her before I found her through a Newsweek report, she's quite known in her field, look-her up.

[@JessicaHicks]

I had no idea there company had been launched 15 years ago

[@jjbdbd8279]

Not only are they affordable but their marketing is unique and effective!!!

[@teamhexa06]

"Strategy is what we say no to" - pure fact.

[@jaybirdie.0777]

Creating wealth entails establishing positive routines, such as consistently setting aside funds at regular intervals for sound investments. Financial management is a vital subject that many avoid, often leading to future regrets. I wish everyone reading this the best of luck in achieving success!

[@HunterWeldon]

You're right

[@HunterWeldon]

Starting crypto trade was the best decision I ever made

[@DoroDeejarh]

speaking of crypto trading I know I am blessed if not I wouldn't have met someone who is as spectacular as mrs Caitlin albrecht

[@DoroDeejarh]

The very first time i tried, i invested $2000 and after a week, i received $19000. That really helps me a lot to pay up bills

[@Setter.yop66]

As a beginner investor, it's essential for you to have a mentor to keep you accountable. My self, I'm guided by Caitlin Albrecht. A widely known crypto consultant

[@TechOutAdam]

I have eyeglasses and sunglasses from Warby Parker and they are the best!

[@DannyJones-ns2bv]

One of the first DTC companies, and many others should learn from them.

[@justforwatch7184]

The background music is so loud and distracting. Ask your video editor to lower it or remove it.

[@acampbell1320]

I didn't know they had retail locations. Thanks to this video, I found a location near me. Crazy that they were initally planning to sell the glasses for $45.

[@VirtousStoic]

I enjoyed owning a pair, but they are not as good as they used to be. But i respect their market cap well done

[@SnowmanTwin07]

The Japanese eyewear brand Jins is better, they get your glasses made in 30 minutes. Their quality is so good and lightweight!

[@detroitvinyl]

Jins and quality in the same sentence...? If you have a prescription maybe, but their tests are NOT high quality. I'm glad you had a positive experience with them but imo Megane Ichiba (which is only a bit more expensive than Jins) glasses last longer and are cheaper in the long run.

[@ricarellan]

I have 2 pairs from them. They’re stylish and comfortable.

[@gameloser123]

amazing growth of a business. still not profitable is surprising

[@manoftomorrow5987]

Because they do and still Underestimate their cost. But lenders will look at their growth potential and cash flow and still lend them money. But it’s not sustainable man…a lot of business bubbles have burst that way.

[@shawn_car]

Love their story and mission!

[@juliealino7955]

I have been more and more unhappy with them as of late. My insurance benefits didn’t ring up correctly. Customer service doesn’t know anything about insurance. They used to replace lenses but don’t anymore. Now you have to get a whole new set for a $50 discount. Don’t know what happened but definitely has gone downhill the past few years

[@traver.traveler]

Once a business scales that much, it gets harder and harder to keep the same level of service

[@WealthyChronicle]

From a $120,000 startup to a billion-dollar company... Warby Parker's journey is a MASTERCLASS in business growth. 🔥 But are they really the 'anti-Exotica'? 🤔

[@kk22001]

So technically, they didn't disrupt anything hahaha

[@JerusalemArtichok3]

In their bubble social groups, this is considered "disruptions". They live in cloud cuckooland and it's retail investors who end up holding the bag.

[@editorjohn8803]

The worst companies are the ones that have been around for so long yet not profitable

[@kkp4297]

$700 glasses make no sense. No way that price is justified.

[@raosiddharth4726]

@@hatshepsutiv most of warby parker's glasses are not. Only boutique brands are worth that money.

[@jimin8006]

Look at gentle monster lol, their prices are insane

[@nomanejane5766]

​@@raosiddharth4726 the $700 glasses weren't warby parker

[@raosiddharth4726]

@@nomanejane5766 go ask for prescription glasses through them and tell the average price of it. It is either 599 or good sturdy with blue cut lens with lens dimming goes way beyond 1000 dollars. where as normally from no name brands it is waaay below even the starting range.

[@johntatman8182]

I think it's awesome you brought back glasses from the 70s😮

[@Sylvia-f3h]

*Your explanations are clear and straight forward It's always a honor to have you here as a mentor, I appreciate you for the time being spent to educate us financially. Regardless of how bad it gets the economy, I still makeover $28K every single week. I truly value Mary, and her helpful guides.*

[@Sylvia-f3h]

The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional.

[@Sylvia-f3h]

@MaryPete79

[@Sylvia-f3h]

@MaryPete79

[@Sylvia-f3h]

She mostly interacts on Telegrams, using the user-name,

[@Sylvia-f3h]

Marypete79💯..that's it

[@worship_vessel]

I usually look up your videos for updates! Our government has no idea how people are suffering these days. I feel for people with disabilities not getting the help they deserve. Thank you Mrs Emily L Romano, imagine investing $12,000 and received $305,500.

[@RebeccaEmily-s8h]

You're correct!! I make a lot of money without relying on the government. Investing in stocks and digital currencies is beneficial at this moment

[@RaymondClinton-g1m]

Mrs Emily L Romano was my hope during the 'bear summer' last year. I did so many mistakes but also learned so much from it, and of course from Emily L Romano.

[@ColtonBeau41]

She must be really dedicated and well trusted for people to talk much good about

[@MarcusDiana]

the first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional

[@JeremiahParker-]

I Started with $5,000 and Withdrew profits $89,000

[@TonyTinker-hc3zq]

Never heard of them but I know of zenni

[@lillypatience]

I only heard of zenni from Professor of Rock 😂

[@elchamber]

I find it strange that my older glasses feel better than the ones I got from this company. Now, I’m told I need to add anti-fatigue feature on them. My older non-Warby doesn’t need them and work fine right now.

[@MsCanadianpie]

Used to like them but the prices are not great anymore

[@michaelrfx7]

They shouldn’t have listen to their professor and go with $45 price tag, to compete with Zenni!

[@vl1180]

If you price low customers will not buy because they assume something is wrong with the product if it’s too cheap.

[@michaelrfx7]

@@vl1180 No they wouldn’t, word of mouth and quality of product would have taken care of that and change the precipitation and hearts of customers long term and now they are who they once despised.

[@Emche826]

I tried to order glasses online. Put in my prescription info and everything. They kept emailing me back for more info about my lenses. I'm like isnt this their job? So I just cancelled my order.

[@DanaJangali]

Could you make the next review about eyeglasses brand "Gentle Monster"

[@HabitualLine-Stepper]

Summary: WE ARE LUXOTTICA NOW!!!

[@hamidayahaya2121]

Luxoticca bought them?

[@amde8554]

They’re not even close

[@gprufino]

I'm a happy customer and will soon be a shareholder.

[@kursorken]

The glasses is expensive because of the lens, not the frame. The guy's $700 glasses probably cost $4-500 in lens.

[@conniecen]

Them: we are not profitable Analyst: what’s great is that they don’t have debt and have free cash flow So are they profitable or not? 💀

[@kevyhot]

who's that handsome host at 8:53?

[@CapsLock33]

I love these videos. Keep them coming!

[@christiannavarro1785]

Toms did it first!

[@uscitizen3252]

$700 glasses??!!!! What kind of glasses cost that much?

[@BernalEmmie]

305 Wisozk Cliff

[@tastychicken3966]

Jins still the best

[@SmollettMiles]

3907 Frami Greens

[@Native722]

Warby Parker is good but they don't have what I"m looking for, it's just to limited selection in frames.

[@IsaacNoa]

The 1st time I realized I could buy glasses online, all over it! I've never purchased from some over price optometrist office ever again!

[@Qweobnob]

2:09 Doesn't he look a bit like Peter Parker?

[@kyleanuar9090]

I got my prescription in Malaysia for ten dollars twenty four years ago and still using it. It has little cracks but not yet time to change.

[@VibesLaCroix]

glasses start at 150$ for canadians what happened to 95$?

[@PrimalStrike1]

Most overpumped stock. 60 bucks at launch now down to 15. Manipulation to cash in by the founders.

[@traver.traveler]

I'd do the same to secure my $100+mil in stock. Who wouldn't?

[@danevosler]

....they haven't "made it"

[@Parksville]

So expensive

[@skullandbones1832]

💚

[@AncientYouth64]

i buy £10 glasses online, everyone thinks they cost a fortune

[@alexirabor]

Where ?

[@ProMakeupTV]

Not profitable but each CEO makes $400k welcome to the twisted world of Csuite lol

[@jackFatal]

The measure of profit depends on multiple factors so don't always trust the net income on P&L. If the financial statements were alarming you would see a drop in stock . I'm sure the value Created (EBITDA) is fairly positive , it's how they decide to spend that surplus ( in R&D expenses for example ) that make them not profitable

[@mistermood4164]

400k for Csuite Executives is not that crazy.

[@christopherlaw9184]

Never heard of it

[@aaronwilliams4638]

the quality has gone downe. I've owned two pairs and won't buy from them anymore

[@kkp4297]

"let's take lens crafters and undercut their price."

[@factchick6778]

And they’re still not profitable 😂🤣🤡

[@vl1180]

Cheap prices and giving away free eye ware probably contributed to that

[@illmagnetic]

It took Amazon 9yrs to turn a profit. Tesla spent 17yrs unprofitable

[@DarrylMarshall-k9j]

Doesn't know how business works*

[@imran2816]

Invest in Shiba Inu coin and be a billionaire in the future…

[@SheikhAdnanSadat]

Lenskart Fan ❤😅

[@Waltaere]

🤓

[@tweetingsparks]

Warby Parker's quality is low-end. I had a pair for only three days; they didn't use my actual prescription that I told them they can get from my optometrist and the spectacles were uneven.

[@saintgreat]

Watching with my WP on 😂

[@outoftime788]

lol i used to work at a luxotica manufacturing plant. bunch a sorry a$$ people ther. i thot they went out of buines

[@poppysilk365]

They are not affordable. I found quality glasses for WAY less with eyebuydirect, Zennys, and many more. Yikes…

[@SpencerPayne-d6v]

928 Shakira Meadow

[@djchromeinkkingdom6890]

Still over price! $95 dollars? Only in America.

[@TonyTinker-hc3zq]

Zenni is better. I buy some for less than 20usd

[@chrismv102]

I've never been in one of these stores but it seems awfully pretentious.

[@ShawnLH88]

It's literally plastic. You're paying for the lenses. They literally became what they pretended they weren't going to. E

[@raosiddharth4726]

They made everything costly, like the worst company for Americans to deal with when comes to eyewear.

[@carbonurbuddy3456]

So, lenskart but not as good...

[@Benlevinburg]

Horrible quality

[@rashid-go1hk]

This are pure scam industry. I wish people know that how much it cost to make those glasses.🤡💀

[@misterchris8916]

too expensive... this is just another trash vanity company for the rich

[@andreamartinez7484]

Two ceos to big egos. Bad business.

[@littlemissperfect254]

Of course it's two white guys

[@Gustavo-77596]

Oh no they found my VPN