I was talking with a cosmetics business owner and a private equity fund from San Francisco and The Shopping Channel is one high risk and expensive way to get a brand boosted but there is an exciting new company called Birch Box that has created an entirely new channel to reach make up hungry females who can never have enough lipsticks or eye shadows.
Bayley Barna and Katia Beauchamp got their investor partners on board and learned that there is a dangerous side of shipping cosmetics.
Birchbox is the startup that VCs can't stop talking about and that new startups are trying to emulate.
The company, which sends its customers a box of beauty products samples every month, launched just over a year ago and it has been growing exponentially with more than 45,000 users and various upscale cosmetic partners such as Khiels, Carol's Daughter and Kerastase.
Read more: http://www.businessinsider.com/what-is-birchbox-2011-11#ixzz1ej6fTHG7
3 comments:
Women companies can thrive with the VCs if they approach it from a business angle.
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