Funded E-Commerce & New Brick-And-Mortar (UNTUCKit)
We don't get this at all.UNTUCKit, a company that sells shirts that you can...uh...leave untucked just got $30mm in funding from one of the most renowned venture capital firms on the planet, Kleiner Perkins. So, clearly we're just morons because this makes ZERO sense to us. The numbers must be kick-a$$ to justify a $200mm valuation. Now the company is going "clicks-to-bricks" and plans to open 15 brick-and-mortar stores. So who wins? Fratboys with cheap untucked button-downs and landlords looking to fill vacant space. Of which there are a lot.