Many are out on DTC only brands.
Then let’s talk about why the train came off the tracks.
Hmmm….this might take a few tweets. So I’ll just link to this guy instead.
Simultaneously: Tech vc = overcrowded, larger funds and had to “put money to work”. (Ugh I hate that expression)
Exhausted early adopters.
But at least the pitch deck looked sexy.
Also to be clear there are still a few awesome DTC investors interested in the space of DTC only.