Lyst

company on 1 show · 9 statements across 2 episodes · said 32 times in 4 episodes since 2015

20VC 32

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20VC 32

every mention on every show, scene by scene, with the transcript →

9 statements about Lyst, every show

20VC Prediction Held up
Morton: Lyst will avoid launching in China in the near term
“I think at some point we'll have to go into China with sort of a Chinese language site. You know, I don't know when that's going to be. I think there's definitely a lot of lessons from folks who've tried that and got burnt. You know, whether we want to do it o…”
Chris Morton May 6, 2016 ▶ 24:36 20VC: Why VC Is The Perfect Preparation For Founding A Startup & Changing The World Of Online Fashion with Chris Morton, Co-Founder & CEO @ Lyst
20VC Disclosure
Morton: Lyst prioritizes vanilla term sheets and conservative valuations
“We've always been very focused on, you know, having the most vanilla term sheet we could not overstretching ourselves on valuation”
Chris Morton May 6, 2016 ▶ 19:57 20VC: Why VC Is The Perfect Preparation For Founding A Startup & Changing The World Of Online Fashion with Chris Morton, Co-Founder & CEO @ Lyst
20VC Insight
Morton: VC relationships get founders a meeting, nothing more
“I had a number of relationships, which I built when I was there, which you're able to leverage when you're raising the fund. I mean, that will, raising the round rather, that will get you to a meeting. It certainly won't get you anything more than that.”
Chris Morton May 6, 2016 ▶ 19:04 20VC: Why VC Is The Perfect Preparation For Founding A Startup & Changing The World Of Online Fashion with Chris Morton, Co-Founder & CEO @ Lyst
20VC Assertion Supported
Morton: Lyst generates hundreds of millions in sales for brand partners
“Now they think of us not only as a company which generates hundreds of millions in sales for them, but also as a marketing platform that helps position their brand.”
Chris Morton May 6, 2016 ▶ 18:23 20VC: Why VC Is The Perfect Preparation For Founding A Startup & Changing The World Of Online Fashion with Chris Morton, Co-Founder & CEO @ Lyst
20VC Prediction Partly held up
Morton: Physical retail will survive, but city-center stores will outperform suburbs
“Physical store, I do not see going, going anywhere there may be some changes for these experiential versus the more functional. Maybe center of cities will stay strong, whereas some of the destination, you know, suburb stores might be a bit more impacted, but …”
Chris Morton May 6, 2016 ▶ 14:09 20VC: Why VC Is The Perfect Preparation For Founding A Startup & Changing The World Of Online Fashion with Chris Morton, Co-Founder & CEO @ Lyst
20VC Assertion Supported
Morton: Lyst is purely tech-led with zero operations or logistics
“One of the most important things about the business is that we are completely technology and engineering led, quite a significant data science team, no operations, no logistics. We never touch product.”
Chris Morton May 6, 2016 ▶ 9:41 20VC: Why VC Is The Perfect Preparation For Founding A Startup & Changing The World Of Online Fashion with Chris Morton, Co-Founder & CEO @ Lyst
20VC Assertion Supported
Morton: Lyst offers millions of items, dwarfing traditional department stores
“We have about three or four million items. You know, most department stores have, you know, orders of magnitude less than that. So the 30 or 40,000, you know, we felt the market was right to build this, you know, leading marketplace. And we now have the larges…”
Chris Morton May 6, 2016 ▶ 7:05 20VC: Why VC Is The Perfect Preparation For Founding A Startup & Changing The World Of Online Fashion with Chris Morton, Co-Founder & CEO @ Lyst
20VC What-if
Morton: Lyst would not exist without my Benchmark VC experience
“It was an incredibly valuable two years, which, you know, if we, if I hadn't done that, I don't think List would exist today.”
Chris Morton May 6, 2016 ▶ 5:42 20VC: Why VC Is The Perfect Preparation For Founding A Startup & Changing The World Of Online Fashion with Chris Morton, Co-Founder & CEO @ Lyst
20VC Assertion Not checkable as stated
Seton-Rogers: Europe produces the world's leading fashion tech companies
“Now, because the web is not about the infrastructure, it's about what you do with it, once again, Europe is producing some amazing, leading fashion companies whether it's Bonne-Privé five, six years ago that came out of France, or Ux and Net-A-Porter merging r…”
Sean Seton-Rogers Sep 2, 2015 ▶ 12:45 20 VC 068: Why Now Is The Best Time To Be An Entrepreneur with Sean Seton-Rogers @ PROfounders Capital

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