> I guess it wouldn't be unheard of for a conglomerate like LVMH to acquire, but I'm not sure there's enough traction to justify a scenario like that.
+1. Worked on a fashion startup a while back, and being early-stage we still did end up in a meeting with a C-level at LVMH.
They're open to hearing a lot of ideas, but the conversations quickly fell apart at realizing quite how early-stage we were— they generally want validation in the form of success in integrating your product with other fashion companies.
From what we learned, fashion is notoriously behind in tech, and it's a slow climb up the chain if you're B2B.
> we haven’t found a relevant business model
> We are a team of 8. We are 2 full-stack, 1 iOS, 1 Android and 4 product people.
It's a bad sign if your company is 50% product people and you can't establish product-market fit, especially with a "whale" for a competitor.
I guess it wouldn't be unheard of for a conglomerate like LVMH to acquire, but I'm not sure there's enough traction to justify a scenario like that.