Dennis: Warehousing inventory breaks the used furniture marketplace business model
Kalam Dennis · Starting a Startup After Business School - Reham Fagiri and Kalam Dennis of AptDeco · Y Combinator · Dec 14, 2018 · at 42:47
AptDeco co-founder Kalam Dennis explains why furniture consignment startups that rely on warehousing fail.
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“You can't, in our opinion, build a business model A sustainable business model by having, by warehousing everything, because you're going to always going to be capped by the space. The cost to cover it, someone is going to have to pay for it, and ultimately to either be the buyer, the seller on the platform, who is already relatively price sensitive. There's a million reasons why, why, in our opinion, it doesn't work.”
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