Snap’s Former Deputy Says Bezos Left Lots of Room for His Startup
Imran Khan’s new company, Verishop, aims to help shoppers with higher-end tastes discover new boutique brands.
Khan was raised in Bangladesh, then headed to the U.S. to pursue a finance and economics degrees at the University of Denver. He led the 2014 initial public offering for Alibaba Group Holding Ltd. while at Credit Suisse Group AG. Khan served as Snap Inc.’s chief strategy officer during its IPO.
The co-founder of e-commerce startup Verishop Inc. says he’s betting the online shopping market still has room for high-end but relatively affordable tastemakers that can survive the wrath of Jeff Bezos.
One company cannot solve all problems. If you look at online retail, it’s now 10% of overall retail sales, and I believe that in the next 10 to 15 years, online retail will be 30% of it.