Michael Preysman
13 statements across 2 episodes · 4 bullish · 3 bearish · 1 people on the record · first statement Nov 20, 2023 by Michael Preysman · across every show →
On the record as a speaker too: Michael Preysman's record, appearances and statements → this page counts the times other people say the name.
Everything said about Michael Preysman, oldest first
Nov 20, 2023 negative
Nov 20, 2023
Preysman and his co-founder bought the domain Everlane.com for just $17
“Jesse and I were sitting in a room one day on instantdomainsearch.com, and we were just, for three hours, typing in names, names, names, and I had a whole bunch of scratch, and I always, you know, we liked the names that were simple and clear, and all of a sud…”
Nov 20, 2023
Nov 20, 2023 positive
Everlane shifted from calling traditional retail dishonest to radical pricing transparency
“Because it, to us, felt dishonest, and then I think there was a point where we realized, actually, they're not dishonest, they're just doing what they're doing, but the vehicle that we can have that's different is transparency.”
Nov 20, 2023 positive
Nov 20, 2023 positive
Preysman raised $1M from top VCs to build a Tumblr retail store
“And it was the, You know, famous SV Angel, Ron Conway. It was Kleiner Perkins putting a little bit of money. It was a whole host of different people that just said, hey, this sounds cool. Tumblr, shopping, these guys seem smart. We'll give them a shot.”
Nov 20, 2023
Co-founder Jesse Farmer left when Everlane pivoted from tech to apparel
“At the end of the day for Jesse, what he wanted was to build a technology business, and what we moved away from was being a technology business, and we moved into building a brand. And that Wasn't the journey he wanted to be on”
Nov 20, 2023 negative
Preysman believes Everlane should have prioritized profit after hitting $100M revenue
“The decision I would have made now, and I think everybody's making even today, is that when we hit a hundred and we were profitable, that it was the time to transition from growing what we call the top line, which is the revenue, to growing the bottom line. So…”
Nov 20, 2023 negative
Oct 24, 2024
Preysman admits Everlane's marketing outpaced its product quality for five years
“Everlane was lucky in the early days because we were at a, we had such a unique marketing position in a world that wasn't as crowded as it is today, and eventually we, our product caught up with our marketing, but that didn't happen for five or six years, and …”
Oct 24, 2024 neutral
Oct 24, 2024