This Week in VC with Mo Koyfman of Spark Capital
Both Sides of the Table
JUNE 12, 2010
Private, flash sales site focused on apparel goods (women, men and children). Business model: Premium brands offer select goods (often excess inventory) for sale at 40%-70% discounts; consumers need to be invited by existing member or via application to participate in private sales; HauteLook collects percentage of gross sale.
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