"A new concept in eyewear... Warby Parker was founded with a rebellious spirit and a lofty objective: to create boutique-quality, classically crafted eyewear at a revolutionary price point." http://www.warbyparker.com/our-story/
Given that Warby Parker are most likely using the same supply chain as their competitors, what exactly is their competitive advantage, to justify total funding of $50.3 million? It can't just be a prettier website, can it?