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.