#36 Startup Investing Secrets: How to Build Teams That Attract Funding in Luxury Tech | Blake Lezenski

TL;DR• Blake shares the importance of team dynamics in early-stage investment, stressing that a capable, well-aligned team is more important than a great idea at the outset.• We delve into how the scalability of business models, particularly in the luxury and tech space, is crucial; and luxury brands need to adapt quickly, with a focus on profitability rather than growth at any cost.• Blake highlights that the future of digital luxury will be about blending traditional luxury with digital innovations, creating immersive, interactive experiences for consumers that go beyond transactions. • AI and blockchain technologies will play a key role in protecting IP, verifying authenticity, and enabling the co-creation of luxury items with consumers, offering both scalability and personalized luxury experiences.• Luxury will evolve to allow for more consumer-driven design, where users interact with brands on a deeper, more personal level,such as co-creating fashion with the brand’s heritage and digital assets.Want to stay ahead of the curve? Sign up for our ⁠⁠⁠⁠⁠Weekly Beyond Luxury Substack⁠⁠⁠⁠⁠ and follow us on ⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠, ⁠⁠⁠⁠⁠TikTok⁠⁠⁠⁠⁠, and ⁠⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠⁠ for even more insights and inspiration.