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- Startups: This Week in Startups - Alexis Maybank, Founder & President of Gilt

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Uploaded by on Jun 22, 2010

This week we have Alexis Maybank, Founder & President of Gilt. For more information, show notes, and an upcoming schedule, go to www.thisweekin.com.

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INTERVIEW - 00:04:00
3 years ago started building Gilt Groupe, taking inspiration from sneaking out to the "sample sales" for friends and family. After family members started asking to look out for certain items they knew that this would do well nationally. Launched in Nov. 2007, approximately 2.5 million members, hosting about 17 sales daily, 100s of thousands rush in at 9am PST for the morning sale. Sales do start at different times of the day but most rush in at the same time to get in on the sale the set sales. Offer is usually 50-70%, however, you need to act quickly. Return policy is they cover return shipping and accept anything that is the improper size and will exchange if available if not credit is given all other sales are final. How do you maintain culture? How involved is the community? What did you learn at eBay? What do you think of the imitators? How different is travel that fashion? Is Gilt Groupe all high end? How is the iPad affecting the business?

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  • I like the way you presented this information in your video, quite engaging for the audience. More people need to make videos like this! I am just getting started with my video channel and am trying to gather some ideas from videos like these. May I ask, how you decide what topics to create videos around?

  • what a dam cool necklace?

  • @JohnWelsch have you heard of the word Neanderthal?

  • Women in general are not capable of strategic and abstract thinking. Not all, but most of them.

    Every piece in your iPhone, Car, house and women products were created by men. Satelites, every bomb, every fridge, microwave, shampoo, toilet, water pipes, shoes, TV, computer ....

    And this chick does sound like she is only a co-founder.

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