I wear glasses ... and have always been frustrated by the exorbitant cost of both frames and lenses. So I was happy when I had the chance to meet Neil Blumenthal, co-founder and co-CEO of Warby Parker, a lifestyle brand with a lofty objective: to offer designer eyewear at a reasonable price while conducting business in a socially-conscious way.
Warby Parker retails frames and prescription lenses for $95, what is arguably a fraction of the cost of comparable glasses.
And for every pair sold, a pair of glasses is distributed to someone in need in the developing world. Working with an established non-profit, Warby Parker has distributed more than one million pairs of glasses to people in need.
As both a businessman and an eyeglass wearer, I've long been intrigued by the company's products, business strategy and, truth be told, its very cool location on Greene Street in downtown New York City.
Blumenthal received an MBA from The Wharton School of the University of Pennsylvania in 2010. Next month, he and Warby Parker co-founder and co-CEO Dave Gilboa — a fellow Wharton MBA alumni — will be the featured speakers at the School’s MBA graduation in Philadelphia.
Geoff Garrett, Dean of the Wharton School, said the duo "embody the spirit of Wharton – to do well and to do good."