dry cleaning industry

2 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Aug 27, 2020 by Ajay Prakash · across every show →

Everything said about dry cleaning industry, oldest first

Aug 27, 2020 negative
Assertion Not checkable as stated
Prakash: Traditional dry cleaning suffers from vendor-centric hours and limited technology
“The model is very vendor centric in the sense that they're open nine to five closed on weekends, which doesn't work if you're actually at work during that time. And there's limited technology, limited customer service, limited transparency. We call that intern…”
Ajay Prakash Aug 27, 2020 ▶ 3:33 How I Built Resilience: Ajay Prakash and James Joun of Rinse
Aug 27, 2020 neutral
Insight
Prakash: Laundry delivery has low entry barriers but high scaling barriers
“At the end of the day, this is a industry where the barriers to entry are super low, but the barriers to scale are incredibly high because there's so much operational complexity.”
Ajay Prakash Aug 27, 2020 ▶ 14:52 How I Built Resilience: Ajay Prakash and James Joun of Rinse
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