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Dollar Shave Club got ~$10M of their ~$11M funding two months ago[1]. This makes the argument that they've done nothing with their funding a bit silly. It also
by natrius 14y ago
Dollar Shave Club got ~$10M of their ~$11M funding two months ago[1]. This makes the argument that they've done nothing with their funding a bit silly. It also indicates that there might be plans they have that we haven't seen yet, but are worth funding.
Overall, this sounds like venting about how other companies in your industry are getting funding when you presumably aren't.
[1] http://techcrunch.com/2012/11/01/dollar-shave-club-funding/ http://techcrunch.com/2012/11/01/dollar-shave-club-funding/
- orangethirty 14y agoRead her comment on that link: Sindhya Valloppillil Other than their video, Dollar shave club has nothing proprietary. Not a single product person on their team, not a single industry person on the core team, no real pipeline of innovation. the branding isn't globally appealing. No way you can turn it into a lifestyle brand with that brand name. The irony: Dubin said "too many other co's are primarily interested in the subscription model b/c of recurring revenue, w/out really thinking through the problem that they’re solving for users." I'm not sure what Dollar Shave has thought through other than their videos. Great metrics and a video don't make a consumer brand a success. Without question, I totally agree @tomreynolds. It's a ridiculous valuation -> Yes, we're in a bubble.
- sindhya 14y agoThe funding was closed well before the posting of that article. Also, $1M is more than enough to launch more than a 3 "stock" razors bought from China which what Dollar Shave is doing.