In an effort to better understand why former Wall Streeters find new careers as fashion founders, Glossy asked pioneers from the industry to share their personal stories and views on the matter. Among those people were our Managing Director, Pano Anthos, and Diana Melencio, co-founder of our portfolio company QUINN.
“If you spend a lot of time in finance, you eventually want something radically different,” said Diana, who had worked for nine years on Wall Street at a handful of investment banking firms before starting her company. “My days had consisted of 12 to 18 hours of spreadsheets, and I wanted something … not like that. It comes from a desire to innovate, to be a part of the fashion industry, which couldn’t be more different than this sterile environment.”
Furthermore, Pano said, “there are a lot of former finance people who founded fashion companies because it fills the creative desire to work in a field like fashion. They also can approach the industry from a profitability and business perspective that more creative, idea-minded people don’t have.”
For the full article, click here.
(Photo courtesy to Glossy.co)