Submitted by Dmitri Davydov on Fri, 2009-12-04 09:50.
Posted in: Odd Numbers
http://www.trunkclub.com/
What It Does: Online clothes shopping service for men
Founder: Joanna Van Vleck, 26
Web Site: www.trunkclub.com/
Based: Bend, Ore.
When Joanna Van Vleck graduated from the University of Oregon in 2005 with degrees in psychology and business, she wo would only pay for items they liked. With zero retail experience, she launched the site in November 2008, buying marked brands wholesale from suppliers and selling them retail. Trunk Club now has six employees, 36 independent contractors who work as fashion consultants remotely, and around 2,000 members. Van Vleck says the company is close to breaking even and is on track for $2.3 million to $2.5 million in revenue in 2009. She expects to close her first venture capital round with a Bay Area firm within a month.
If you like unusual business stories, read how I made a fortune picking cool domain names for other people.
[Via - BusinessWeek.Com]
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