Watches
product on 3 shows · 5 statements across 3 episodes
Acquired 
Masters of Scale 
the a16z Podcast
5 statements about Watches, every show
Rosenthal: Britain imposed a 33% watch import tax early in WWI
“Britain imposes a 33% import tax on watches early on in the war.”
Gilbert: Certified chronometer watches keep time within two seconds daily
“And they have this down to such a precise science today that watches keep time, certified chronometers keep time, within two seconds per day.”
Cartier destroyed hundreds of millions of dollars in watch inventory in 2016
“Cartier overproduced watches in 2016 and had to destroy hundreds of millions of dollars of inventory.”
Sneakers, handbags, and watches drive aftermarket hype rather than apparel drops
“You very rarely see a line around the block for the latest drop of a hoodie or a piece of apparel. When you think about what's sold on the aftermarket, it's really sneakers, handbags, and watches.”