To put that another way, a 10-month-old startup just purchased a 93-year-old business for $100 million.

10-Month-Old Startup Buys 93-Year-Old Business for $100 Million” via Mashable

I was literally about to sign up for Dollar Shave Club when I heard about Harry’s, then read this story today. I love the way they leveraged their initial product into being able to make this giant strategic investment.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s