Warby Parker CEO: Startups Focused on Health Care, Talent

Warby Parker CEO: Startups Focused on Health Care, Talent

Warby Parker glasses

Photo: Danielle Levitt | Warbyparker.com

Immigration reform and controlling health-care costs are the two issues that matter most to startups like Warby Parker, the company’s co-founder Neil Blumenthal told CNBC’s “Squawk on the Street” on Tuesday.

“No matter what business you’re in, you’re in a talent war,” the eyewear company co-founder said. “Every startup in America is having trouble hiring software engineers, developers and coders. There’s a lot being educated in the U.S. but they’re having trouble getting green cards and visas to stay in the country.”

Blumenthal said the company is growing quickly but could be growing even faster if there were more software engineers. (Read More: Inventions That Killed Businesses.)

Controlling health-care costs is also important. Blumenthal said he expects Obamacare to help stabilize costs.

“With the legislation that was passed, as it gets implemented and more and more people that are getting covered we think it will make it cheaper for people like us,” Blumenthal said.

Warby Parker also isn’t thinking much about tax rates, one of the other big campaign issues, when it plans for 2013, Blumenthal said.

“What’s most important to us is controlling health-care costs, immigration reform and streamlining some regulations,” he said.

Warby Parker’s Beginnings

Warby Parker was founded in February 2010 by four friends at The Wharton School in Philadelphia. Their strategy is focused on boutique-quality eyewear with all glasses retailing for $ 95 through their website and showrooms. Competitors can charge hundreds for a pair of glasses.

Warby Parker and Costco     ()   ] are among the few competitors in a sector dominated by Italian giant Luxottica — a dominance that was featured in a recent
CNBC.com Links List Headlines

Leave a Reply

Your email address will not be published. Required fields are marked *