A total of $2T in apparel is sold online each year. But 30% to 40% of that apparel is returned. So, what if consumers could snap a couple of photos with their smartphone camera and get clothes that are the right fit for their body?
A total of $2T in apparel is sold online each year. But 30% to 40% of that apparel is returned. So, what if consumers could snap a couple of photos with their smartphone camera and get clothes that are the right fit for their body?
Vadim Rogovskiy is the Cofounder and CEO of 3DLOOK, a deep tech startup solving the problem of apparel returns for retail. Vadim is an experienced entrepreneur, building and selling two companies in the adtech space before creating 3DLOOK. He also serves as an angel investor and mentor for the VC firm 500 Startups.
On this episode of Boost VC, Vadim joins us to explain how 3DLOOK helps consumers choose the right size for apparel and share the process he used to find the right market for his team’s software. He discusses his mission to build a startup hub in the Ukraine, describing the developer ecosystem that exists there and the challenge of getting talented entrepreneurs to stay. Listen in for Vadim’s insight on deciding when to shift markets and learn about the fundraising process for a retail application like 3DLOOK.
Topics Covered
What problem Vadim is solving with 3DLOOK
What inspired Vadim to become an entrepreneur
Vadim’s shift from adtech to deep tech
The market for the service provided by 3DLOOK
How Vadim’s digital body passport evolved into 3DLOOK
Vadim’s process for deciding when to shift strategy
Why Vadim had to look for investors beyond Silicon Valley
Vadim’s mission to build a startup hub in the Ukraine
Vadim’s experience with fundraising for 3DLOOK
Connect with Vadim
3DLOOK https://3dlook.me/
3DLOOK on Twitter https://twitter.com/3dlook_me
3DLOOK on Facebook https://www.facebook.com/3DLOOK.me/
3DLOOK on Instagram https://www.instagram.com/3dlook_me/
3DLOOK on YouTube https://www.youtube.com/channel/UCPQIzvlU_Ht0b1g1oV7s3gQ
3DLOOK on LinkedIn https://www.linkedin.com/company/3dlook/
Vadim on LinkedIn https://www.linkedin.com/in/vadim-rogovskiy/
Resources
Dixit https://boardgamegeek.com/boardgame/39856/dixit
Imaginarium https://boardgamegeek.com/boardgame/218804/imaginarium
L’Oreal Virtual Makeup https://www.lorealparisusa.com/virtual-try-on/makeup.aspx
Almaz Capital https://almazcapital.com/
Marc Benioff at Salesforce https://www.salesforce.com/company/leadership/bios/bio-benioff/
Life and Learning After One Hundred Years: Trust is the Coin of the Realm by George P. Shultz https://www.hoover.org/sites/default/files/research/docs/shultz_finalfile_web-ready.pdf
Connect with Boost VC
Boost VC Website https://www.boost.vc/
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