Episode · Invest Like the Best · 2021-05-06
Patrick O'Shaughnessy & James Reinhart: books mentioned on Invest Like the Best #32
James Reinhart – Lessons in Process Power – [Founder’s Field Guide, EP. 32]
My guest today is James Reinhart, founder, and CEO of thredUP, an online thrift marketplace. thredUP’s online store is distinct in the way the company touches every product, processing every piece of clothing at their own facilities instead of focusing solely on being a marketplace connecting buyers and sellers.
Patrick O'Shaughnessy discussed The Innovation Stack by Jim McKelvey and The Startup Way by Eric Ries. James Reinhart discussed Competitive Strategy by Michael E. Porter.
Books mentioned, in the order they came up
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The Innovation Stack
The Innovation Stack is a business book by Square co-founder Jim McKelvey that explores how entrepreneurs build enduring companies through interdependent, path-dependent solutions rather than single ideas.
Discussed“There's that great, what's the name of the book? I think it's called Innovation Stacking from one of the founders of Square where they talk about, it's not one thing, it's like a hundred things and they're path dependent”
Where to get it
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Competitive Strategy
Competitive Strategy by Michael E.
Discussed“And because it's the classic Michael Porter famous book, he's like competitive advantage gets built by compounding the unique activities that you do. And so if you do three things uniquely well, when a competitor has a 90% chance of copying each of them”
Where to get it
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The Startup Way
Discussed“I don't know if you're familiar with Eric Reese's, not The Lean Startup, but The Startup Way, which is his second book. But in that, I think that book had some real influence on me because he started to talk about, as your business grows up”
Where to get it
Other mentions in this episode (1) — ad reads, self-promotion and passing references, never counted
“I don't know if you're familiar with Eric Reese's, not The Lean Startup, but The Startup Way, which is his second book.”