Every company can benefit from investments. JustFab run by Don Ressler and Adam Goldenberg is one of the companies that have earned a lot of advantages. Adam has decided that they could take advantage of this round by raising up $85 million for valuation and expansion plans. Among the reasons that Goldenberg has stated for getting involved in the fundraising is that there has been a lot of interest in investing. He does admit that his company is beginning to think like a public company on vator.tv. For one thing, there is a lot more to the value of a company than how much it sales. It’s stock value is a large part of it as well.
Adam Goldenberg and Don Ressler has to make sure that they are making good decisions so that their company will continue to rise in value when it comes to the stock value on crunchbase.com. Fortunately, the company has a lot going for it. For one thing, it is on its way to 3 million subscribers that are active. The owners have a lot of confidence in JustFab and the brands of this company. Goldenberg himself has stated that he does expect his company to be making tons of revenue. As a matter of fact, Goldenberg is expecting it to get close to $1 million in revenue from the four brands which include Fabletics, FabKids, ShoeDazzle, and JustFab.
Given Goldenberg’s business model for JustFab, it goes without saying that this company is going to gain a lot of popularity because of the monthly deliveries that people get from their subscriptions. Fortunately, this company has proven to be such a success that one of the brands has expanded into physical locations. Fabletics is the brand that has gained a lot of popularity thanks to a lot of factors. One of them include the spokesperson Kate Hudson who is one of the famous actresses that people look to as an example of being stylish. Kate Hudson has ran ad campaigns that have shown her in different outfits from Fabletics.