OpenSea, one of the most popular marketplaces for non-fungible tokens, announced on Monday that it had acquired Gem, a startup that lets users browse NFTs across marketplaces. The deal will help OpenSea better serve its more sophisticated users, OpenSea co-founder and CEO Devin Finzer said in a blog post . Gem will continue operating independently from OpenSea, which will provide resources to...
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How Stitch Fix Fumbled a Make-or-Break Pivot
Stitch Fix planned to revive sales growth by turning its original strategy on its head. Inside the company, there were warning signs that the effort would struggle. The retailer, which is best known for sending customers five-piece boxes of clothes and accessories picked out by stylists, hoped to broaden its appeal by using algorithms to recommend items for people to buy directly online. But a...
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