Quince officially launched last week and is on a mission to change retail. The startup is utilizing a manufacturer-to-consumer business model in its selling of fashion and home goods items, which Quince says will cut out financial and environmental waste. The online retailer also announcing it has raised $8.5 million in seed funding. Sid Gupta, Quince Co-founder and CEO explains why the his company decided to launch now and what distinguishes Quince from its retail competitors.