Neil Blumenthal, Dave Gilboa, Wharton School discussed on Planet Money

Automatic TRANSCRIPT

Arts Hey it's guy here so before we start the show today we are all following the news really closely as I'm sure you are as some of the interviews are here over the next few weeks we're done long before anyone even heard of coronavirus including this one today and as we recorded interviews in the days and weeks ahead I'll be asking founders about how they're coping with everything that's happening right now with the hope of hearing creative ideas that might help all of us make some sense of it okay now wanted today show so back in two thousand eight Neil Blumenthal and Dave Gilboa both arrived on the campus of the Wharton school at the university of Pennsylvania they were there to start business school and they met each other and to other students Andy hunt and Jeff raider and for them we'll go on to co found Warby Parker but in two thousand eight at that time they didn't know that yet but they did now is something that they all had in common was they were really frustrated with how my glasses work too and it stemmed from this thing that well most people probably experienced at some point they kept losing their glasses and Dave in fact right before he started business school had accidentally left his glasses on their flight and they cost me seven hundred dollars and I just couldn't justify as a full time student paying that much for a new pair of glasses yeah the new iPhone three G. have come out that way to mine is apple store pays two hundred dollars for instance all these magical things and meanwhile the technology behind a pair of glasses is a hundred years old and it just didn't make sense and what you're like okay I've got this this amazing I found this magical portal to all human knowledge and it cost me two hundred Bucks and get these eye glasses made of plastic are like super expensive yes it yeah I was complaining to anyone that would listen about like last year's expensive and then and he kept losing his classes and he was buying everything online but consider how you can buy new classes online and why no one is effectively science classes on my right because I mean this like two thousand eight and I mean by that plan wasn't like like selling things online was brand new idea yeah and so we kind of started this conversation where we were kind of frustrated by different pieces of the eyewear industry and we knew that Neil had spent a number of years I'm working for and I were nonprofit and.

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