06/27/19

Shopify — The Revolutionary

Image result for shopify logo

Huge fan of Shopify for a number of reasons:

 1. Shopify is a plug-and-play solution to getting you into the eCommerce business. Sign on with Shopify and you are in business as quickly as you can take pictures of your merchandise and put a price on it. Effortless. Streamlined.

 2. As a software product, Shopify fulfills the promise of the Internet as a means of creating “digital real estate” whereon a tech savvy digital business woman (see what your “woke” Big Red Car did there?) can reach the entire world without having to undertake a huge tech effort to get her store open.

This is a huge victory, a fulfillment of an enormous promise.

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03/21/19

The Long Teeth of VC Backed Firms

Today, dear readers, we speak of Rent The Runway as an exemplar for changing conditions in the world of financing and venture capital. Today RTR announced they had closed a $125,000,000 VC round led by Franklin Templeton Investments and Bain Capital Ventures.

This brings the total of VC funding (they also have $200,000,000 in debt) to $337,000,000 based on a valuation of $1,000,000,000.

Wow! RTR has come a long way since its 2009 funding by Bain of $1,800,000.

RTR has been working for ten years to become an overnight success. Some whisper RTR is being groomed for an Initial Public Offering, something they spoke of in the past, but not recently.

rent the runway

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