Gilt Groupe

5 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Apr 18, 2022 by Shan-Lyn Ma · said 31 times in 3 episodes since 2021 · across every show →

Mentions by year

brought up most by Guy Raz (25), Shan-Lyn Ma (4), Michael Preysman (2)

tap a year for its mentions
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011202120222023episodes it came up in
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2023 2 mentions in 1 episode
2022 25 mentions in 1 episode
2021 4 mentions in 1 episode

every mention, scene by scene, with the transcript →

Everything said about Gilt Groupe, oldest first

Apr 18, 2022
Assertion Supported
Apple invited Gilt to build a launch app for the original iPad
“It made Apple then come and ask us, could we be one of the first apps to launch on the iPad device when the iPad launched?”
Shan-Lyn Ma Apr 18, 2022 ▶ 17:48 Zola: Shan-Lyn Ma
Apr 18, 2022 neutral
Assertion Not checkable as stated
Ma: Gilt needed to sell roughly 80% of inventory for profitability
“I don't remember exactly. I think it was something like 80%.”
Shan-Lyn Ma Apr 18, 2022 ▶ 21:35 Zola: Shan-Lyn Ma
Apr 18, 2022 neutral
Assertion Partly supported
Ma: Gilt generated roughly $7M in revenue in its first year
“Yeah, when I started at Guild, it was probably less than 30 people in the business. It had not been live yet for a full year, so it was still the first year of business. I think that first year, the business did something like seven million in revenue.”
Shan-Lyn Ma Apr 18, 2022 ▶ 16:09 Zola: Shan-Lyn Ma
Apr 18, 2022 negative
Insight
Ma: Flash sale business models are rarely sustainable or profitable
“I think the, ultimately, the business model of flash sales was one that was very hard to turn into a sustainable, profitable business.”
Shan-Lyn Ma Apr 18, 2022 ▶ 19:31 Zola: Shan-Lyn Ma
Apr 18, 2022
Assertion Not checkable as stated
Nobu Nakaguchi designed Gilt's original iPad app using a cardboard cutout
“What Nobu did to design this was he watched the Apple, there was one Apple TV commercial where they showed an iPad, and he would watch that commercial again and again and freeze frame it to kind of zoom in on what is actually possible on this magical new devic…”
Shan-Lyn Ma Apr 18, 2022 ▶ 18:22 Zola: Shan-Lyn Ma
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