In two decades of e-commerce in the United States, only two standalone e-commerce companies have achieved meaningful enterprise value: Amazon and eBay. One went public in 1997, the other in 1998.

In this video, Andy Dunn, co-founder and CEO of Bonobos, Inc., discusses the challenges of building a profitable, lasting e-commerce company.  He believes it is difficult to create a sustainable advantage selling third-party brands, but there are still opportunities for new firms to compete.

E-Commerce is a Bear

Andy Dunn, founder and CEO of Bonobos Inc., presents on the challenges of building a profitable, lasting e-commerce company. In two decades of e-commerce in the US, we have produced only two standalone e-commerce companies of meaningful enterprise value: Amazon and eBay. One went public in 1997, the other in 1998.