# Warby Parker: Dave Gilboa & Neil Blumenthal

- Show: [How I Built This](https://hardwarepodcasts.com/podcast/how-i-built-this)
- Published: 2016-12-26
- Length: 30m
- Page: https://hardwarepodcasts.com/podcast/how-i-built-this/2016-12-26-warby-parker-dave-gilboa-neil-blumenthal

## Summary

Warby Parker co-founders Dave Gilboa and Neil Blumenthal explain how they disrupted the eyewear industry by selling $95 glasses online, bypassing the monopoly held by Luxottica. They detail their bootstrapped launch, the creation of the home try-on program to overcome customer skepticism, and the operational chaos of selling out inventory on day one with no tracking system. The founders also discuss their early financing struggles, including securing an SBA loan and creative PR consulting deals, before eventually raising significant venture capital.

## Chapters

- [0:00](https://hardwarepodcasts.com/podcast/how-i-built-this/2016-12-26-warby-parker-dave-gilboa-neil-blumenthal#t=0) Introduction: Warby Parker Founders and the Eyewear Monopoly
- [2:02](https://hardwarepodcasts.com/podcast/how-i-built-this/2016-12-26-warby-parker-dave-gilboa-neil-blumenthal#t=122) Identifying the Market Gap and Luxottica's Dominance
- [5:48](https://hardwarepodcasts.com/podcast/how-i-built-this/2016-12-26-warby-parker-dave-gilboa-neil-blumenthal#t=348) Developing the Business Plan and Home Try-On Model
- [9:18](https://hardwarepodcasts.com/podcast/how-i-built-this/2016-12-26-warby-parker-dave-gilboa-neil-blumenthal#t=558) Pricing Strategy and Brand Naming
- [13:25](https://hardwarepodcasts.com/podcast/how-i-built-this/2016-12-26-warby-parker-dave-gilboa-neil-blumenthal#t=805) Bootstrapping, Manufacturing, and PR Launch
- [17:22](https://hardwarepodcasts.com/podcast/how-i-built-this/2016-12-26-warby-parker-dave-gilboa-neil-blumenthal#t=1042) The Launch: Selling Out and Operational Chaos
- [22:00](https://hardwarepodcasts.com/podcast/how-i-built-this/2016-12-26-warby-parker-dave-gilboa-neil-blumenthal#t=1320) Customer Service, Scaling, and Early Financing
- [26:02](https://hardwarepodcasts.com/podcast/how-i-built-this/2016-12-26-warby-parker-dave-gilboa-neil-blumenthal#t=1562) Growth, Valuation, and Future Outlook

## Topics

- [Starting a product company](https://hardwarepodcasts.com/topic/starting-a-company)
- [Direct-to-consumer & e-commerce](https://hardwarepodcasts.com/topic/direct-to-consumer)
- [Pricing, margins & unit economics](https://hardwarepodcasts.com/topic/pricing-and-unit-economics)
- [Marketing & brand](https://hardwarepodcasts.com/topic/marketing-and-brand)
- [Fundraising & investors](https://hardwarepodcasts.com/topic/fundraising)

## Most relevant to

founders before launch, early-stage companies

## Mentioned

- Warby Parker (company)
- Luxottica (company)
- Ray-Ban (product)
- Oakley (product)
- LensCrafters (company)
- GQ (company)
- Vogue (company)
- Vision Spring (company)
- Wharton School (company)
- U.S. Bank (company)

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