Why Silicon Valley venture capital firms are funding online retailers like Dollar Shave Club

By Gabe Weisert April 29, 2016

Stance, a maker of luxury socks, has raised $86 million. Dollar Shave Club, a grooming company that supplies subscribers with razors and moistened bathroom

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“There are major advantages of going Web-only. Dollar Shave Club can deliver its products nationwide to anyone without the risks and costs of opening physical stores. And thanks to its subscription model, the company knows the buying habits of its customers intimately — a powerful edge on legacy brands.”