20VC: Why VC Is The Perfect Preparation For Founding A Startup & Changing The World Of Online Fashion with Chris Morton, Co-Founder & CEO @ Lyst
1.) How did Chris come to found one of the hottest fashion startups, Lyst? What was the interview process with Benchmark like?
2.) Why did Chris become a VC first before an entrepreneur? What does being a VC allow you to become a better entrepreneur with?
3.) Chris has said before that we have not scratched the surface of e-commerce, so why have we not? What is the vision and what are the challenges that stand in the way? Question from Harry Briggs: Will we see physical retail stores largely disappear?
4.) Lyst place heavy emphasis on data collection and usage. Why is this? What does it power to Lyst to do? What interesting consumer trends and behaviours have been revealed from the data?
5.) How was the fundraising process for Chris? What did being in VC teach him about the process that he could implement in entrepreneurship? What were the challenges? What would he do differently if he were to raise again?