Shoes of Prey has no surviving direct competitors
Jodi Fox · EP 377: 6M Shoes Designed, $24M Raised, By Customer Shoe Maker Shoesofprey.com · Aug 5, 2016 · at 11:52
Jodi Fox discusses the competitive landscape and valuation benchmarks for Shoes of Prey.
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“Well, the thing is, a lot of our competitors, we don't really have any competitors, actually, so we had, there were a couple of people who came into the market after we started, but none of them exist anymore, so, and the closest kind of thing would be, I guess, like a Nike ID or a New Balance, and I know Nike ID is kind of doing a hundred million you know, oh, that was a couple of years ago, a hundred million annual revenue run rate, so, but I don't know if I can really give a valuation off of them either, because it's quite different”
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Shoes of Prey built its own factory for single-pair manufacturing
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