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Old 03-08-2006, 10:55 AM  
gentmaster
So Fucking Banned
 
Join Date: Jun 2005
Location: Rebecca Love=Neanderthal
Posts: 432
A new website that "rents designer handbags" rasies $8.25mil VC!

http://www.bagborroworsteal.com/webc...?page=welcome&

http://blog.seattlepi.nwsource.com/v...ves/101847.asp
A Seattle-based company that rents out designer handbags via an online service has reeled in $8.25 million in Series B funding, an investment in what one investor calls the "retail subscription" hybrid of online marketing.

Using Bag Borrow or Steal's Web site, members can select a bag from a collection of more than 120 designers, gaining access to a library of bags that value into the thousands. Monthly subscription pricing is based on the expense and exclusivity of the designer, ranging from $19.95 a month for "Trendsetter" membership to $99.95 a month for "Diva" status.

Now that's hot!
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