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Jens Grede

๐Ÿ‘ค Speaker
959 total appearances

Appearances Over Time

Podcast Appearances

Invest Like the Best with Patrick O'Shaughnessy
Jens Grede - Building SKIMS - [Invest Like the Best, EP.431]

But product is everything.

Invest Like the Best with Patrick O'Shaughnessy
Jens Grede - Building SKIMS - [Invest Like the Best, EP.431]

So years before we launched the company, we started in product development, really going all the way down to raw material.

Invest Like the Best with Patrick O'Shaughnessy
Jens Grede - Building SKIMS - [Invest Like the Best, EP.431]

thinking about how can I bring a product at an exceptional quality and feel at an affordable price.

Invest Like the Best with Patrick O'Shaughnessy
Jens Grede - Building SKIMS - [Invest Like the Best, EP.431]

And that was my whole focus.

Invest Like the Best with Patrick O'Shaughnessy
Jens Grede - Building SKIMS - [Invest Like the Best, EP.431]

Because the companies that does solve it, I mean, I'm talking a lot about Vivori today, but that's probably because... It has a very distinctive feel.

Invest Like the Best with Patrick O'Shaughnessy
Jens Grede - Building SKIMS - [Invest Like the Best, EP.431]

Well, it's more comfortable sometimes to make an example using others.

Invest Like the Best with Patrick O'Shaughnessy
Jens Grede - Building SKIMS - [Invest Like the Best, EP.431]

And I think they've done a good job.

Invest Like the Best with Patrick O'Shaughnessy
Jens Grede - Building SKIMS - [Invest Like the Best, EP.431]

They're kind of the anti-skims because they're not so marketing-led.

Invest Like the Best with Patrick O'Shaughnessy
Jens Grede - Building SKIMS - [Invest Like the Best, EP.431]

They were...

Invest Like the Best with Patrick O'Shaughnessy
Jens Grede - Building SKIMS - [Invest Like the Best, EP.431]

really leading through fabrication.

Invest Like the Best with Patrick O'Shaughnessy
Jens Grede - Building SKIMS - [Invest Like the Best, EP.431]

And your experience was probably someone told you about it, or you walked past a store, or a friend of you wore it.

Invest Like the Best with Patrick O'Shaughnessy
Jens Grede - Building SKIMS - [Invest Like the Best, EP.431]

They have gotten to a similar place just through the strength of their product, been around longer.

Invest Like the Best with Patrick O'Shaughnessy
Jens Grede - Building SKIMS - [Invest Like the Best, EP.431]

In the end of the day, product really is omnipotent.

Invest Like the Best with Patrick O'Shaughnessy
Jens Grede - Building SKIMS - [Invest Like the Best, EP.431]

For me, any venture that I'm involved in as a founder or as an investor, I'm just laser focused on the strength of the product.

Invest Like the Best with Patrick O'Shaughnessy
Jens Grede - Building SKIMS - [Invest Like the Best, EP.431]

I don't care about anything else.

Invest Like the Best with Patrick O'Shaughnessy
Jens Grede - Building SKIMS - [Invest Like the Best, EP.431]

The product is everything.

Invest Like the Best with Patrick O'Shaughnessy
Jens Grede - Building SKIMS - [Invest Like the Best, EP.431]

I come back to culture and the whole company was built on product franchises.

Invest Like the Best with Patrick O'Shaughnessy
Jens Grede - Building SKIMS - [Invest Like the Best, EP.431]

You don't really know what people will be gravitating to right out of the box.

Invest Like the Best with Patrick O'Shaughnessy
Jens Grede - Building SKIMS - [Invest Like the Best, EP.431]

I felt incredibly strongly about what we had done.

Invest Like the Best with Patrick O'Shaughnessy
Jens Grede - Building SKIMS - [Invest Like the Best, EP.431]

But when we came to market, there was this moment, maybe a couple of months in or a month in, I think we had 2 million customers on waitlist for product and we had no product left at all and no product coming.