Wayfair, Stitch Fix, and (Maybe) Peloton Were Always Bad Ideas

Published by
The Street

By Daniel Kline The best businesses often solve real problems. Amazon (AMZN) – Get Amazon.com Inc. Report, for example, first made it possible to buy books without visiting a bookstore and eventually made it easy to buy anything from pretty much anywhere. Netflix (NFLX) – Get Netflix Inc. Report, at first made it so you could rent DVDs without visiting a video store, then it more or less ended the concept of DVDs with its streaming service. A problem is that many companies launch to solve problems that aren’t actually problems. They may seem like big issues but in reality they’re at best niche…

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