no bueno, no bueno

[malyannnn]

Farfetch files for IPO to trade on NYSE as FTCH; has nearly 1M active users of its luxury goods marketplace

Farfetch, the UK-based marketplace for high-end fashion and other luxury goods, has confirmed its plans to go public. According to an F-1 form filed with the SEC, the company plans to list on the New York Stock Exchange under the ticker FTCH. An IPO for the company has been in the works for some ti…

Finally. 

[malyannnn]

Takeaways:  99U on Routines

From -- Manage your Day-to-Day: Build your routine, find your focus & sharpen your creative mind

Building a Rock-Solid Routine

“What I do every day matters more than what I do once in a while.” 

“By working every day, you keep your momentum going.”

“Frequency makes starting easier.”

“The strategy is to have. practice, and what it means to have a practice is to regularly and reliably do the work in a habitual way.”

Finding Focus in a Distracted World

“...Anxieties and self-doubt can multiply when fed with silence and an abundance of time.”

“Researchers at Stanford University discovered in the 1970s that one of the best ways to combat negative distractions is simply to embrace good distractions... set a timer & race the clock to complete a task. Tie unrelated rewards to accomplishments”

“‘I wander around and talk to people or set up my own meetings..’”

[malyannnn]

[malyannnn]

Happy 2016, now let’s get started. 

[wordsnquotes]

一期一会 / ichigoichie

(idiom) A Japanese untranslatable four character idiom, ichigoichie is defined as a one in a life time opportunity. The term serves to remind people to treasure the moments and meetings with people in life, which will never be replicated. The phrase is often translated to "for this time only,“ “never again,” or “one chance in a lifetime.“  (via awelltraveledwoman)

[malyannnn]

He said, ‘Claire, if all you want is happiness, say no. I’m not going to give you a couple of kids and count the days until retirement. I promise you freedom from that. I promise you’ll never be bored.’

[malyannnn]

The New New Museum: The Whitney May Have Just Won New York’s Museum Arms Race

How the museum might just solve the impossible problem of contemporary art.

Intro gave me feelings. Great piece. 

[malyannnn]

Alone time is how I recuperate. 

[malyannnn]

[malyannnn]

SORRY ONE MORE SUMMER JAM 

[malyannnn]

SUMMER COME NOW!

[malyannnn]

[givemeallthebaconandeggs]

photorealistic oil paintings of cacti by Korean artist Kwongho Lee

[malyannnn]

Fashion ‘Unicorn’ Farfetch Raises $86 Million at $1 Billion Valuation

Curated fashion platform Farfetch has raised $86 million in a Series E round valuing the company at $1 billion, making it a rare fashion ‘unicorn.’

Rambling to myself here: 

It’s interesting that they plan such an aggressive expansion. Do boutiques like Farfetch because they have such a great logistics team with relationships with 3rd parties? That their platform is worth paying the fee? Do boutiques feel like their standalone stores aren’t cutting it, but don’t want to deal with building a web presence? Are the fees just attached to the customer who is already willing to pay for luxury fashion, so their demand is relatively inelastic? 

But then the only risk they take on is the logistics and platform, but not the inventory? 

I’m interested to see this how this works out. 

[malyannnn]

On a different 8am note:

My professor basically ended the class saying that the current state of trade will be determined by fertility rates, women’s education, and the adaptation of robotic engineering to replace jobs. Of course political systems, leadership, etc. were thrown in there, don’t worry. 

He gave the example of India and how 1/3 of its male population will remain bachelors, and how South Korea is importing brides from Southeast Asia. 

...but maybe, we’ll just end up being this: 

[malyannnn]

From 8am int’l trade--

Today in class, we discussed human labor, manufacturing, and trade in the 60s.  An older classmate who was in junior high school in South Korea after the Korean War ended mentioned that girls in his class would cut their hair to contribute to the local wig manufacturer. Something about this tidbit made me feel pretty emotional. Maybe it was the selflessness/nationalism of the girls wanting to improve their environment in any way possible. Maybe I thought about my family and their immigration to the US to improve their environment, when they felt like opportunities in South Korea didn’t exist to them. 

So funny how these small things can make you feel so introspective. 

[malyannnn]

Love the bass