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Dave Gilboa - 3 Warby Parker - 3 Neil Blumenthal - 2 Gilboa - 1 — Neil Blumenthal - 1 Andy Hunt - 1 Jeff Raider — - 1 Blumenthal - 1
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☆ 4 friends spent $120,000 to launch a startup during grad school—now it brings in $670 million a year
  + stars: | 2024-09-28 | by ( Tom Huddleston Jr. Tasia Jensen | Tom Huddleston Jr. | Tasia Jensen | ) www.cnbc.com   time to read: +1 min
If Dave Gilboa kept better track of his glasses, Warby Parker might not exist. They co-founded Warby Parker, a pioneering direct-to-consumer brand that's sold millions of pairs of glasses, both online and in 269 brick-and-mortar stores across the U.S. and Canada. Warby Parker brought in nearly $670 million in revenue last year. "The need for glasses and contacts continues to grow and grow and grow," Blumenthal tells CNBC Make It. "And we're putting Warby Parker in a position to take advantage of that growth, to serve that very large growing need."
Persons: Dave Gilboa, Warby Parker, Gilboa, — Neil Blumenthal, Andy Hunt, Jeff Raider —, Blumenthal Organizations: Wharton School, University of Pennsylvania, CNBC Locations: Canada, Gilboa
☆ Warby Parker co-CEOs on expansion strategy: Vast majority of Americans want to go into a store
  + stars: | 2024-05-13 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWarby Parker co-CEOs on expansion strategy: Vast majority of Americans want to go into a storeNeil Blumenthal and Dave Gilboa, Warby Parker co-founders and co-CEOs, join 'Squawk Box' to discuss the state of the eyewear industry, the company's brick-and-mortar expansion strategy, strength of the consumer, and more.
Persons: Warby Parker, Neil Blumenthal, Dave Gilboa
☆ Stocks making the biggest moves premarket: Warby Parker, HP, Point Biopharma and more
  + stars: | 2023-10-03 | by ( Samantha Subin | ) www.cnbc.com   time to read: +2 min
Co-CEOs Neil Blumenthal and Dave Gilboa of Warby Parker at the New York Stock Exchange on Sept. 29, 2021. Warby Parker — Warby Parker jumped about 4% after Evercore ISI upgraded the eyeglass retailer to an outperform rating, saying shares could rally more than 50% as the company's margins and revenue growth reaccelerate. Eli Lilly , Point Biopharma — Shares of Point Biopharma popped 85% after Eli Lilly announced it would buy the cancer therapy maker for $12.50 a share in cash, or roughly $1.4 billion. Warner Music Group — Warner added 3.5% after UBS upgraded the stock to buy from neutral. Emerson Electric — The industrial giant dipped 1% in premarket trading after UBS downgraded the stock to neutral from buy, citing the company's valuation and limited upside.
Persons: Neil Blumenthal, Dave Gilboa, Warby Parker, Warby Parker — Warby Parker, Eli Lilly, Biopharma, McCormick —, McCormick, Roth MKM, —, Alex Harring, Sarah Min, Michelle Fox, Pia Singh Organizations: New York Stock Exchange, ISI, HP, Bank of America, StreetAccount, Warner Music Group, Warner, UBS, KeyBanc, Emerson
☆ NYC Mayor Eric Adams asks tech executives at private dinner to keep companies in the city
  + stars: | 2022-09-16 | by ( Brian Schwartz | ) www.cnbc.com   time to read: +4 min
At a private dinner Wednesday at New York's swanky Le Pavillon, New York City Mayor Eric Adams called on tech executives to keep their companies in the city, even as industry leaders raise concerns to city officials of soaring rents and an increase in violent crime. He told the more than two dozen tech leaders: "New York City needs and wants technology companies," another attendee said, adding that city officials want tech companies to "help grow the economy of this city." Adams' spokesman Fabien Levy confirmed the mayor spoke to the tech executives, but said, "Mayor Adams wasn't there for dinner." "While we don't discuss private conversations, Mayor Adams always welcomes and encourages businesses to come to NYC," Levy said in an email. Conway said in an interview, noting that it's important for tech leaders and companies to be civically engaged.
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