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Sneaker culture staple GOAT hits $1.75 billion valuation on new $100 million round

TechCrunch LA

But the no-longer nascent sneaker and streetwear market is a big market, with the potential to reach $30 billion in sales globally by 2030, according to a recent report by the research firm, Cowen ( cited by The Wall Street Journal , which first reported the financing). ” Money, it’s gotta be the shoes.

Commerce 255
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9 Steps To Overcoming Your Biggest Startup Challenges

Startup Professionals Musings

The Power of Self-Discipline ” that I believe will help entrepreneurs move up a notch in this category: Take the time to define the problem clearly. Challenge the definition from all angles. Beware of any problem for which there is only one definition. Here is a formula from Brian Tracy, in his classic book “ No Excuses!

Startup 156
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JustFab, ShoeDazzle In Big Fashion Merger

socalTECH

Los Angeles-based fashion sites JustFab and ShoeDazzle said Wednesday that the two are in a definitive agreement to merger bringing together two of LA''s most watched fashion and subscription e-commerce sites. According to the companies, the combined company expects to have over $400M in total sales in 2014.

Commerce 159
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Here’s Why a Booming Tech Market May Fool You into Thinking You’re Successful

Both Sides of the Table

You’d imagine that companies selling tons of shelfware would quickly meet their deserved fate in the market, yet the spin around a category of software can fool buyers into thinking they “must have this product to compete.” Poorly implemented this category was the definition of shelfware.

Marketing 354
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GrubMarket raises $60M as food delivery stays center stage

TechCrunch LA

“The only success criteria of my startup career is whether GrubMarket can eventually make $100 billion of annual sales,” he said to me over both email and in a phone conversation. ” I don’t doubt that he means it. Its opportunity comes in the form of disruption and a gap in the market.

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7 Ways To Preclude The Most Common Investor Rejection

Startup Professionals Musings

First of all, a definition. Obviously this definition is generic, so my first recommendation is that you take the lead in defining traction metrics for your startup, and then selling your results convincingly to investors. As an investor, I would like to see one month of sales, and see how that compares to your projections.

Startup 121
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Ghost appears with new funding, marketplace to match buyers with unsold products

TechCrunch LA

It also handles the back end as well by automating the posting, sale and shipment of unsold inventory while offering immediate payment to creditworthy sellers. The equity will go toward hiring more talent to join Ghost’s 25-person team. The company has about 20 job openings in the areas of full-stack engineers, data analysts and data science.

Product 191