Fashion Blogs

private shopping clubs (2)

Venture Capitalists May Feel Guilty : Gilt Group Raises a Fashionable 138 Million Dollars

Posted by Apparel1 - on May 13, 2011 at 10:12am
Gilt Groupe Inc. recently raised another $138 million in financing.  Although I wish the Gilt Groupe the very best, I am perplexed by how venture capital companies throw around money and valuations.  How is is justified for a company that is not profitable to be valued at a BILLION dollars?  In my opinion, this defies logic.  Yes, I understand that companies such as Google  and Facebook  receive large valuation.  However, in my opinion an online luxury retailer is not currently in the same playi
Read more…

Venture Capitalists May Feel Guilty : Gilt Group Raises a Fashionable 138 Million Dollars

Posted by Apparel1 - on May 13, 2011 at 10:12am
Gilt Groupe Inc. recently raised another $138 million in financing.  Although I wish the Gilt Groupe the very best, I am perplexed by how venture capital companies throw around money and valuations.  How is is justified for a company that is not profitable to be valued at a BILLION dollars?  In my opinion, this defies logic.  Yes, I understand that companies such as Google  and Facebook  receive large valuation.  However, in my opinion an online luxury retailer is not currently in the same playi
Read more…

PLEASE keep all discussions relevant to fashion, textiles, beauty products, or jewelry.

Follow the Fashion Industry Network Rules.

It is always a good time to review fabulous fashion.

 

Hot topics of possible interest:

  Thank you for using the Fashion Industry Network.  Have you helped another member today? Answer questions in the forum. It brings good luck.