It seems I'm completely out of the loop, having heard of none of these except fo... | Hacker News

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		diolpah on Sept 18, 2011 \| parent \| context \| favorite \| on: Building a Fashion Company on the Internet? Stop. ... It seems I'm completely out of the loop, having heard of none of these except for Gilt. Thank you.

jfarmer on Sept 18, 2011 [–]

I forgot Trunk Club

http://allthingsd.com/20110908/trunk-club-raises-11-million-...

diolpah on Sept 18, 2011 | [–]

That article is just incredible. $11MM raised, assuming 25% dilution, giving them a ~$44MM valuation on only $1MM in revenue?

I had not the faintest idea there was a huge valuation bubble in my own industry. I am a little bit shocked.

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