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Jack Crivici-Kramer

👤 Speaker
4968 total appearances

Appearances Over Time

Podcast Appearances

The Best One Yet
🐉 “Pickachu hates AI” — Nintendo’s Pokemon surprise. Quince’s $10B dupe. Rivian’s Valley of Death. +Red Carpet secret

not into AI.

The Best One Yet
🐉 “Pickachu hates AI” — Nintendo’s Pokemon surprise. Quince’s $10B dupe. Rivian’s Valley of Death. +Red Carpet secret

Look at Electronic Arts, America's biggest video game company.

The Best One Yet
🐉 “Pickachu hates AI” — Nintendo’s Pokemon surprise. Quince’s $10B dupe. Rivian’s Valley of Death. +Red Carpet secret

They just sold for the record amount.

The Best One Yet
🐉 “Pickachu hates AI” — Nintendo’s Pokemon surprise. Quince’s $10B dupe. Rivian’s Valley of Death. +Red Carpet secret

And they say that AI is at the very core of their business.

The Best One Yet
🐉 “Pickachu hates AI” — Nintendo’s Pokemon surprise. Quince’s $10B dupe. Rivian’s Valley of Death. +Red Carpet secret

But on the other hand, Shigeru Miyamoto, the legendary creator of Mario, Donkey Kong, Zelda, he says Nintendo would rather go in a different direction and not use any generative AI at the company for their games.

The Best One Yet
🐉 “Pickachu hates AI” — Nintendo’s Pokemon surprise. Quince’s $10B dupe. Rivian’s Valley of Death. +Red Carpet secret

And that is Nintendo's cheat code.

The Best One Yet
🐉 “Pickachu hates AI” — Nintendo’s Pokemon surprise. Quince’s $10B dupe. Rivian’s Valley of Death. +Red Carpet secret

When the rest of the industry zigs, Nintendo zags, even on AI.

The Best One Yet
🐉 “Pickachu hates AI” — Nintendo’s Pokemon surprise. Quince’s $10B dupe. Rivian’s Valley of Death. +Red Carpet secret

And if you're working at a different company and you want to employ this cheat code, just push up, down, left, right, A, B, A, B, A, B, up, down, Y, left, joystick.

The Best One Yet
🐉 “Pickachu hates AI” — Nintendo’s Pokemon surprise. Quince’s $10B dupe. Rivian’s Valley of Death. +Red Carpet secret

For our second story, Quince just hit a $10 billion valuation for selling dupes of every luxury fashion brand.

The Best One Yet
🐉 “Pickachu hates AI” — Nintendo’s Pokemon surprise. Quince’s $10B dupe. Rivian’s Valley of Death. +Red Carpet secret

Quince copied its way to the top, thanks to cashmere, candles, but also caviar.

The Best One Yet
🐉 “Pickachu hates AI” — Nintendo’s Pokemon surprise. Quince’s $10B dupe. Rivian’s Valley of Death. +Red Carpet secret

And it also brings a lesson about skims.

The Best One Yet
🐉 “Pickachu hates AI” — Nintendo’s Pokemon surprise. Quince’s $10B dupe. Rivian’s Valley of Death. +Red Carpet secret

Ah, Quince.

The Best One Yet
🐉 “Pickachu hates AI” — Nintendo’s Pokemon surprise. Quince’s $10B dupe. Rivian’s Valley of Death. +Red Carpet secret

Jack, if you had to sprinkle on some context and describe Quince to us, how would you present it, please?

The Best One Yet
🐉 “Pickachu hates AI” — Nintendo’s Pokemon surprise. Quince’s $10B dupe. Rivian’s Valley of Death. +Red Carpet secret

It's the luxury version of Shein.

The Best One Yet
🐉 “Pickachu hates AI” — Nintendo’s Pokemon surprise. Quince’s $10B dupe. Rivian’s Valley of Death. +Red Carpet secret

Quince is Timu, but for Cartier.

The Best One Yet
🐉 “Pickachu hates AI” — Nintendo’s Pokemon surprise. Quince’s $10B dupe. Rivian’s Valley of Death. +Red Carpet secret

Besties, the online retailer Quince actually did $1 billion in revenue last year selling fancy dupes.

The Best One Yet
🐉 “Pickachu hates AI” — Nintendo’s Pokemon surprise. Quince’s $10B dupe. Rivian’s Valley of Death. +Red Carpet secret

Their strategy?

The Best One Yet
🐉 “Pickachu hates AI” — Nintendo’s Pokemon surprise. Quince’s $10B dupe. Rivian’s Valley of Death. +Red Carpet secret

Copy the $300 Reformation dress, but somehow sell it not for $300, but for $69.90.

The Best One Yet
🐉 “Pickachu hates AI” — Nintendo’s Pokemon surprise. Quince’s $10B dupe. Rivian’s Valley of Death. +Red Carpet secret

And Jack, what's the secret sauce to pulling off that level of luxury dupe?

The Best One Yet
🐉 “Pickachu hates AI” — Nintendo’s Pokemon surprise. Quince’s $10B dupe. Rivian’s Valley of Death. +Red Carpet secret

Their business model is DTF, direct to factory.