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Donald Tang

👤 Person
336 total appearances

Appearances Over Time

Podcast Appearances

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: How SHEIN Got So Big So Fast: Behind the Scenes at One of the Fastest Growing Companies in History with Donald Tang, Executive Chairman @ SHEIN

As a result of it, you can translate that to lower prices to your consumers. Now, you listen to the consumers, you give back to the consumers, you contribute to less waste to the planet, you also contribute to less pricing for that particular client, customer.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: How SHEIN Got So Big So Fast: Behind the Scenes at One of the Fastest Growing Companies in History with Donald Tang, Executive Chairman @ SHEIN

As a result of it, you can translate that to lower prices to your consumers. Now, you listen to the consumers, you give back to the consumers, you contribute to less waste to the planet, you also contribute to less pricing for that particular client, customer.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: How SHEIN Got So Big So Fast: Behind the Scenes at One of the Fastest Growing Companies in History with Donald Tang, Executive Chairman @ SHEIN

As a result of it, you can translate that to lower prices to your consumers. Now, you listen to the consumers, you give back to the consumers, you contribute to less waste to the planet, you also contribute to less pricing for that particular client, customer.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: How SHEIN Got So Big So Fast: Behind the Scenes at One of the Fastest Growing Companies in History with Donald Tang, Executive Chairman @ SHEIN

So therefore, we do a lot more business in the rural areas, villages in UK than London, for example, and Paris and the like and the America. The people who are living in the countryside do not have the time time to travel to the city because they don't have the stores in certain areas. And it takes money to come to the city. It takes time.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: How SHEIN Got So Big So Fast: Behind the Scenes at One of the Fastest Growing Companies in History with Donald Tang, Executive Chairman @ SHEIN

So therefore, we do a lot more business in the rural areas, villages in UK than London, for example, and Paris and the like and the America. The people who are living in the countryside do not have the time time to travel to the city because they don't have the stores in certain areas. And it takes money to come to the city. It takes time.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: How SHEIN Got So Big So Fast: Behind the Scenes at One of the Fastest Growing Companies in History with Donald Tang, Executive Chairman @ SHEIN

So therefore, we do a lot more business in the rural areas, villages in UK than London, for example, and Paris and the like and the America. The people who are living in the countryside do not have the time time to travel to the city because they don't have the stores in certain areas. And it takes money to come to the city. It takes time.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: How SHEIN Got So Big So Fast: Behind the Scenes at One of the Fastest Growing Companies in History with Donald Tang, Executive Chairman @ SHEIN

And also they have less resources to dress themselves up prettier and trendier. So these are all the things about doing good. As a result of doing good, we can continue to grow and be profitable. That's doing well. So If you really look at all these things, how you sequentially executing all these things, all of a sudden you find yourself doing good first and doing well later.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: How SHEIN Got So Big So Fast: Behind the Scenes at One of the Fastest Growing Companies in History with Donald Tang, Executive Chairman @ SHEIN

And also they have less resources to dress themselves up prettier and trendier. So these are all the things about doing good. As a result of doing good, we can continue to grow and be profitable. That's doing well. So If you really look at all these things, how you sequentially executing all these things, all of a sudden you find yourself doing good first and doing well later.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: How SHEIN Got So Big So Fast: Behind the Scenes at One of the Fastest Growing Companies in History with Donald Tang, Executive Chairman @ SHEIN

And also they have less resources to dress themselves up prettier and trendier. So these are all the things about doing good. As a result of doing good, we can continue to grow and be profitable. That's doing well. So If you really look at all these things, how you sequentially executing all these things, all of a sudden you find yourself doing good first and doing well later.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: How SHEIN Got So Big So Fast: Behind the Scenes at One of the Fastest Growing Companies in History with Donald Tang, Executive Chairman @ SHEIN

So that was a difference in Shoei.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: How SHEIN Got So Big So Fast: Behind the Scenes at One of the Fastest Growing Companies in History with Donald Tang, Executive Chairman @ SHEIN

So that was a difference in Shoei.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: How SHEIN Got So Big So Fast: Behind the Scenes at One of the Fastest Growing Companies in History with Donald Tang, Executive Chairman @ SHEIN

So that was a difference in Shoei.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: How SHEIN Got So Big So Fast: Behind the Scenes at One of the Fastest Growing Companies in History with Donald Tang, Executive Chairman @ SHEIN

As you search, as you discover and reflect yourself, that you leave a trail of color mutations and style preferences. And most of the styles are no more, no less than all the mutations of such in different times. If you can reimagine the supply chain not as a mass industrialized production factories, if you imagine the factories are all networked, small and medium-sized,

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: How SHEIN Got So Big So Fast: Behind the Scenes at One of the Fastest Growing Companies in History with Donald Tang, Executive Chairman @ SHEIN

As you search, as you discover and reflect yourself, that you leave a trail of color mutations and style preferences. And most of the styles are no more, no less than all the mutations of such in different times. If you can reimagine the supply chain not as a mass industrialized production factories, if you imagine the factories are all networked, small and medium-sized,

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: How SHEIN Got So Big So Fast: Behind the Scenes at One of the Fastest Growing Companies in History with Donald Tang, Executive Chairman @ SHEIN

As you search, as you discover and reflect yourself, that you leave a trail of color mutations and style preferences. And most of the styles are no more, no less than all the mutations of such in different times. If you can reimagine the supply chain not as a mass industrialized production factories, if you imagine the factories are all networked, small and medium-sized,

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: How SHEIN Got So Big So Fast: Behind the Scenes at One of the Fastest Growing Companies in History with Donald Tang, Executive Chairman @ SHEIN

And if you can actually receive signals from the customers real time, connecting with the factory software platforms, if you do that, if you're connecting those things, and when you have 100, 200 pieces of garments, with hundreds of millions of active customers worldwide. And then you test it, and then you started to see demand signals surge.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: How SHEIN Got So Big So Fast: Behind the Scenes at One of the Fastest Growing Companies in History with Donald Tang, Executive Chairman @ SHEIN

And if you can actually receive signals from the customers real time, connecting with the factory software platforms, if you do that, if you're connecting those things, and when you have 100, 200 pieces of garments, with hundreds of millions of active customers worldwide. And then you test it, and then you started to see demand signals surge.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: How SHEIN Got So Big So Fast: Behind the Scenes at One of the Fastest Growing Companies in History with Donald Tang, Executive Chairman @ SHEIN

And if you can actually receive signals from the customers real time, connecting with the factory software platforms, if you do that, if you're connecting those things, and when you have 100, 200 pieces of garments, with hundreds of millions of active customers worldwide. And then you test it, and then you started to see demand signals surge.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: How SHEIN Got So Big So Fast: Behind the Scenes at One of the Fastest Growing Companies in History with Donald Tang, Executive Chairman @ SHEIN

And then you started to network the factories to produce similar things. And then once you see the weakening signal, you shut them down. So that's how you control your inventories to such a degree of significantly less unsold inventory.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: How SHEIN Got So Big So Fast: Behind the Scenes at One of the Fastest Growing Companies in History with Donald Tang, Executive Chairman @ SHEIN

And then you started to network the factories to produce similar things. And then once you see the weakening signal, you shut them down. So that's how you control your inventories to such a degree of significantly less unsold inventory.