I sold my SFIX last week and wish I sold last year when Saul and the rest of the board explained why it’s not that good. I think the business idea is great, but great products/businesses don’t always materialize into great stocks.
If I recall correctly, SFIX revenues have been mostly disappointing, showing some accelerations and also some decelerations, and never really growing close to what our SAAS stocks grow at.
As a software engineer who has dabbled in machine learning, I know how amazing and powerful it can be. But I’ve also seen how disappointing it can be, and how a lot of shops like to say machine learning as a cool buzz word to attract employees and investors. At the end of the day, ML is just another tool in the tool box that can’t be applied to all problems with equal success. Perhaps there is a way to use ML to substantially amplify business for a clothing company, but judging by its revenues, SFIX has not figured that out yet.
For previous discussions, see here: https://discussion.fool.com/quick-reminder-of-this-thread-as-sti…
and here:
https://discussion.fool.com/sfix-earnings-beat-32-million-active…