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Gilt Groupe
Last discussed Sep 25, 2026
A members-only online flash sale retailer for high-end fashion brands, co-founded by Kevin Ryan; eventually sold to Hudson's Bay for $250 million.
Recently discussed in
How to Spot 10-Year Trends and Build Billion-Dollar Companies — Kevin Ryan
Kevin Ryan · Sep 25, 2026
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Kevin Ryan
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Used for: Online flash sales of discounted high-end brand merchandise — digitizing the sample sale concept for people outside New York
Praised: Rapid growth to $500M revenue; strong early product-market fit filling a gap ...
vs: Modeled on French company Vente-privee which was doing a billion dollars in r...
"It's a good news and bad news story. In our second year we did 175 million in revenue, which is crazy. In year four, we were doing $500 million in revenue. Then the problem was the market changed on us."
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