Online subscription retailer Stitch Fix’s revenue increased 29% year-over-year to $572 million in the final quarter of its fiscal year ended in July. Meanwhile, Stitch Fix reported a $21.5 million net profit in the quarter, a big improvement from the year-earlier loss of $44.5 million. Stitch Fix expects its revenue for the first quarter of fiscal 2022 will reach up to $575 million, a 17%...
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What a Brazilian Steakhouse Says About the Tech Economy
Hi, welcome to your Weekend.One of my favorite tech memes is the “We’re so back” post, the kind that pokes fun at the industry returning to the good old days of expensive perks and wine-soaked dinners.I had a real-life “We’re so back” moment this week when I attended a bacchanalian feast thrown by Bain Capital Ventures at Fogo de Chão in San Francisco. Bain Capital’s private equity arm...
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