A new website that "rents designer handbags" rasies $8.25mil VC! - GoFuckYourself.com

gentmaster · 03-08-2006, 10:55 AM

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!

Chris · 03-08-2006, 10:57 AM

Now that is what you call thinking outside the box
i see many many more things like this coming

Phoenix · 03-08-2006, 10:58 AM

wtf...how can i get some of that mad money

Sosa · 03-08-2006, 11:00 AM

damn lol. great idea for them. Wonder what their policy is when they don't get the purse back? Suppose just charge their credit card heh.

gentmaster · 03-08-2006, 11:01 AM

Quote:

Originally Posted by Jokke

Lol give me those funds and i'll make more than that crap site

Please, do not ever post in this thread again.

candyflip · 03-08-2006, 11:02 AM

That's a great idea if you ask me.

Phoenix · 03-08-2006, 11:02 AM

Quote:

Originally Posted by Jokke

Lol give me those funds and i'll make more than that crap site

exactly man..what the hell

Chris · 03-08-2006, 11:04 AM

Quote:

Originally Posted by Sosa

damn lol. great idea for them. Wonder what their policy is when they don't get the purse back? Suppose just charge their credit card heh.

it runs just like netflix or the like
claims you can keep it as long as you want
but i guess you are still paying for that monthly membership

they have three tiers of memberships
20 is the lowest and ims ure those bags are not costing htem for than 60 bux or so
so easy for them to make the money back

Damn nice idea though
VERY creative

jimb · 03-08-2006, 11:07 AM

insaine idea! It should work really well

Jim

betsy · 03-08-2006, 11:08 AM

wow this is a really cool idea.

Zebra · 03-08-2006, 11:10 AM

I bet women eat that shit up.

FetishWeb · 03-08-2006, 11:13 AM

Never underestimate the lengths women will goto for handbags.

Jace · 03-08-2006, 11:16 AM

i wonder how many sites we will see in the next 2 months imitating this

03-08-2006, 11:17 AM

BBoS have been paying for advertisements on my sites before. They do well, no doubt. But actually, many women are a little reserved when it comes to carrying around bags that have been used before. Sure, it's the poor woman's way to walk with the divas, but many prefer to save up and but the real deal themselves.

03-08-2006, 11:17 AM

And yes, I am in the bag biz.

03-08-2006, 11:18 AM

Quote:

Originally Posted by FetishWeb

Never underestimate the lengths women will goto for handbags.

They go far...I know that for a fact.

Luc · 03-08-2006, 11:19 AM

now that's a great idea! WOW!

gentmaster · 03-08-2006, 11:23 AM

Quote:

Originally Posted by Equinox

BBoS have been paying for advertisements on my sites before. They do well, no doubt. But actually, many women are a little reserved when it comes to carrying around bags that have been used before. Sure, it's the poor woman's way to walk with the divas, but many prefer to save up and but the real deal themselves.

Similar to the business model of Ferrari rentals. People just love to 'attention whore'.

This is a great womens adaptation. I can see it being popular with asian women in particular. Anyone whose materialistic.

Young · 03-08-2006, 11:28 AM

Quote:

Originally Posted by Chris

20 is the lowest and ims ure those bags are not costing htem for than 60 bux or

What you talking about Willis? Are you saying those bags aren't costing them more than $60?

Dude..those are $300-$5,000 hand bags

Temp1 · 03-08-2006, 11:31 AM

Quote:

Originally Posted by Equinox

BBoS have been paying for advertisements on my sites before. They do well, no doubt. But actually, many women are a little reserved when it comes to carrying around bags that have been used before. Sure, it's the poor woman's way to walk with the divas, but many prefer to save up and but the real deal themselves.

What about all the women that buy knock offs? That's the average girls way to walk with the divas, isn't it?

betsy · 03-08-2006, 11:32 AM

Quote:

Originally Posted by Equinox

And yes, I am in the bag biz.

what company do you work for? Or do you have your own? I'd love to see.

I just ordered a few botkier bags, the maker is my neighbor in NY so i get a nice discount... but I'm always looking to snag more!

G-Rotica · 03-08-2006, 11:32 AM

Damn, Juicy don't waste any time.

http://www.bagborroworsteal.com/desi...uicy%20Couture

03-08-2006, 11:37 AM

Quote:

Originally Posted by Temp1

What about all the women that buy knock offs? That's the average girls way to walk with the divas, isn't it?

Sadly, you'd be surprised how many girls don't even know they're being tricked into a fake.

pr0 · 03-08-2006, 12:16 PM

If anyone would like to fund me, i'm starting up "bling bling" rentals

We rent out giant gold chains to ghetto people with good credit.

pr0 · 03-08-2006, 12:18 PM

heres what i'm trying to figure out

who are women trying to impress with these handbags? certainly not men....

so is this some sort of homo erotic thing?

Young · 03-08-2006, 12:19 PM

Quote:

Originally Posted by Equinox

BBoS have been paying for advertisements on my sites before. They do well, no doubt. But actually, many women are a little reserved when it comes to carrying around bags that have been used before. Sure, it's the poor woman's way to walk with the divas, but many prefer to save up and but the real deal themselves.

This site clearly targets the person who may already have 1 designer bag...but wants a different one for each outfit but can't afford it.

Odie · 03-08-2006, 12:31 PM

yup this site has been up for a long time and is making $$$...it all started out w a woman and her friends borrowing her handbags.,.

gotta love the interweb and it's opportunities!

Shoehorn! · 03-08-2006, 12:39 PM

Pretty good idea.

webair · 03-08-2006, 01:22 PM

brilliant idea fucking brilliant! maye my gf will join up and stop buying all those fuccking overpriced bags

sextoyking · 03-08-2006, 01:29 PM

Great idea - following in the netflix structure. I am going to seriously think about a product / line (not purses) and run with it..

Expo_Vids · 03-08-2006, 01:43 PM

Thanks for the news! That is great news for me because I own perhaps the best domain for that type of biz.

Gonna hit them up now.

OneHungLo · 03-08-2006, 01:44 PM

Quote:

Originally Posted by sextoyking

Great idea - following in the netflix structure. I am going to seriously think about a product / line (not purses) and run with it..

how about sextoys?

sextoyking · 03-08-2006, 01:47 PM

Quote:

Originally Posted by OneHungLo

how about sextoys?

Well Sextoys won't work - one time only sale...

LauraLee · 03-08-2006, 02:11 PM

Let's undercut them. Who wants to build me the site, i already have the inventory

datatank · 03-08-2006, 02:23 PM

Quote:

Originally Posted by sextoyking

Well Sextoys won't work - one time only sale...

http://www.rent-a-dildo.com/

;-0

WonderWoman · 03-08-2006, 02:26 PM

This site was started by the guy that used to run Classmates before they were bought by United Online and they said goodbye to him. I am surprised they got funding honestly since I heard how they were acquiring the bags and it wasnt very organized and there werent many designer ones at the time. Most of them were like Nine West and such.

It will be interesting to see if it works.

datatank · 03-08-2006, 02:35 PM

Quote:

Originally Posted by WonderWoman

This site was started by the guy that used to run Classmates before they were bought by United Online and they said goodbye to him. I am surprised they got funding honestly since I heard how they were acquiring the bags and it wasnt very organized and there werent many designer ones at the time. Most of them were like Nine West and such.

It will be interesting to see if it works.

How were they getting the bags?

WonderWoman · 03-08-2006, 02:37 PM

Basically.. when someone chose a bag to "borrow" they would send someone to the store to buy it. So of course they have to front all the money for the bags so they had no designer bags at the time.

With the funding however, things may change. I am wondering if they have insurance that covers the bags or something cuz some of those bags are over $2k a piece.

tyler86ed · 03-08-2006, 02:42 PM

I've always thought a great business would be a puppy renting biz to guys so they can pick up chicks walking around the park with them.

If they do pick up the chick, then they pretty much have to buy the puppy. If they don't, we give it to the next guy. It's like a rent-to-own.

directfiesta · 03-08-2006, 02:45 PM

bdjuf will be their first client

sextoyking · 03-08-2006, 02:46 PM

Quote:

Originally Posted by datatank

http://www.rent-a-dildo.com/

;-0

Well you would never catch our companies doing this. If rent-a-dildo is getting toys back in stock that were previously used, cleaning them and sending them back out - That is a huge NO NO and a potential huge liability..

Even returns are supposed to be destroyed if there is any chance at all that the item was ever opended or used.

BlueWire · 03-08-2006, 02:47 PM

We helped out a fellow GFYer with their ad campaign a few weeks back. Its a great idea...

However, I used them for a V-Day gift last month and it was about the worst experience with a company I have EVER had.

They simply put it are not ready for the public. The management is horrible, tech support is even worse.

DatingGold · 03-08-2006, 03:25 PM

my friend wanted to do that about a year ago..

datatank · 03-08-2006, 03:49 PM

Quote:

Originally Posted by sextoyking

Well you would never catch our companies doing this. If rent-a-dildo is getting toys back in stock that were previously used, cleaning them and sending them back out - That is a huge NO NO and a potential huge liability..

Even returns are supposed to be destroyed if there is any chance at all that the item was ever opended or used.

Its a joke LOL

WiredGuy · 03-08-2006, 03:56 PM

Quote:

Originally Posted by LauraLee

Let's undercut them. Who wants to build me the site, i already have the inventory

Fred Quimby · 03-08-2006, 04:06 PM

I'm renting mens undersware online

bigdog · 03-08-2006, 04:14 PM

What would be the male equivalent watches, suits,etc?

03-08-2006, 10:55 AM	#1
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!

03-08-2006, 10:57 AM	#2
Chris Too lazy to set a custom title Industry Role: Join Date: May 2003 Location: icq: 71462500 Skype: Jupzchris Posts: 27,880	Now that is what you call thinking outside the box i see many many more things like this coming __________________ [email protected]

03-08-2006, 10:58 AM	#3
Phoenix BACON BACON BACON Industry Role: Join Date: Nov 2002 Location: Poems everybody, the laddie fancies himself a poet Posts: 35,462	wtf...how can i get some of that mad money __________________ Skype Phoenixskype1 Telegram PhoenixBrad https://quantads.io

03-08-2006, 11:02 AM	#6
candyflip Carpe Visio Industry Role: Join Date: Jul 2002 Location: New York Posts: 43,064	That's a great idea if you ask me. __________________ Spend you some brain. Email Me

03-08-2006, 11:08 AM	#10
betsy Confirmed User Join Date: Mar 2005 Location: Brooklyn, yo! Posts: 625	wow this is a really cool idea. __________________ www.phoxglove.com YIM: phoxgloveent ICQ: 237171474 AIM: phoxglove

03-08-2006, 11:00 AM	#4
Sosa In Tushy Land Join Date: Oct 2002 Location: Nebraska Posts: 40,149	damn lol. great idea for them. Wonder what their policy is when they don't get the purse back? Suppose just charge their credit card heh.

03-08-2006, 11:07 AM	#9
jimb Confirmed User Join Date: Feb 2005 Location: Costa Rica Posts: 2,514	insaine idea! It should work really well Jim

03-08-2006, 11:10 AM	#11
Zebra Banned from Kimmy's couch Industry Role: Join Date: Oct 2001 Location: Down at Fraggle Rock Posts: 5,091	I bet women eat that shit up. __________________ Old School

03-08-2006, 11:13 AM	#12
FetishWeb Confirmed User Join Date: May 2004 Posts: 390	Never underestimate the lengths women will goto for handbags.

03-08-2006, 11:16 AM	#13
Jace FBOP Class Of 2013 Industry Role: Join Date: Jan 2004 Location: bumfuck, ky Posts: 35,562	i wonder how many sites we will see in the next 2 months imitating this

03-08-2006, 11:17 AM	#14
X37375787 Guest Posts: n/a	BBoS have been paying for advertisements on my sites before. They do well, no doubt. But actually, many women are a little reserved when it comes to carrying around bags that have been used before. Sure, it's the poor woman's way to walk with the divas, but many prefer to save up and but the real deal themselves.

03-08-2006, 11:19 AM	#17
Luc Confirmed User Join Date: Nov 2002 Location: Houston Posts: 1,130	now that's a great idea! WOW! __________________ » Looking for Type-in domais? Page Rank domains? Alexa domains? Popular domains? » Domain Research Tool can scan hundreds of thousands of domains to find whatever you're looking for. » Auto-appraise domains and send automated domain offers in bulk with just one click. » Full support for Proxy Servers and International Overture. Try it Free.

03-08-2006, 11:32 AM	#22
G-Rotica Confirmed User Industry Role: Join Date: Aug 2005 Location: Austin, TX Posts: 4,258	Damn, Juicy don't waste any time. http://www.bagborroworsteal.com/desi...uicy%20Couture __________________

03-08-2006, 12:16 PM	#24
pr0 rockin tha trailerpark Industry Role: Join Date: May 2001 Location: ~Coastal~ Posts: 23,088	If anyone would like to fund me, i'm starting up "bling bling" rentals We rent out giant gold chains to ghetto people with good credit. __________________ __________ Loadedca$h - get sum! - Revengebucks - mmm rebills! - webair (gotz sErVrz)

03-08-2006, 12:18 PM	#25
pr0 rockin tha trailerpark Industry Role: Join Date: May 2001 Location: ~Coastal~ Posts: 23,088	heres what i'm trying to figure out who are women trying to impress with these handbags? certainly not men.... so is this some sort of homo erotic thing?

03-08-2006, 12:31 PM	#27
Odie Confirmed User Join Date: Apr 2003 Location: The WATER BABY! Posts: 7,040	yup this site has been up for a long time and is making $$$...it all started out w a woman and her friends borrowing her handbags.,. gotta love the interweb and it's opportunities! __________________ Odie [email protected] Are you Mobile???? MMACanada ICQ # 166208354 See Who I Am At AdultWhosWho.com!

03-08-2006, 12:39 PM	#28
Shoehorn! Die With Your Boots On Join Date: Oct 2003 Location: Hawaii Posts: 22,872	Pretty good idea. __________________

03-08-2006, 01:22 PM	#29
webair Confirmed User Industry Role: Join Date: Feb 2002 Location: NYC, NY Posts: 8,531	brilliant idea fucking brilliant! maye my gf will join up and stop buying all those fuccking overpriced bags __________________ ~ Webair Dedicated Cloud Servers™ ~ WEBAIR VSYS™ Virtual Hosting Platform ~ Superior CDN Network ~ ~ Managed Dedicated hosting Specialists ~ DISCOUNT DOMAIN NAMES! ~ WEBAIR FUSION IO MANAGED CLOUD SERVERS! ~ *ICQ:* 243116321 - *TWITTER* - @WEBAIRINC - E-Mail: [email protected]

03-08-2006, 01:29 PM	#30
sextoyking Confirmed User Industry Role: Join Date: Dec 2001 Location: Portland, OR. Posts: 6,034	Great idea - following in the netflix structure. I am going to seriously think about a product / line (not purses) and run with it.. __________________ ICQ: 52344098 -------------------------------------- 50% Commissions on all Product Sales. http://www.wishing.com/money

03-08-2006, 01:43 PM	#31
Expo_Vids Confirmed User Join Date: Jul 2005 Posts: 1,162	Thanks for the news! That is great news for me because I own perhaps the best domain for that type of biz. Gonna hit them up now. __________________ Squirting pussies convert like mad!!! @ Suirting 101

03-08-2006, 02:11 PM	#34
LauraLee Confirmed User Industry Role: Join Date: Sep 2003 Location: (Still) One Touch Cockie Posts: 3,821	Let's undercut them. Who wants to build me the site, i already have the inventory __________________ Priority Payout skype lauralee.bunker LL's Email

03-08-2006, 02:26 PM	#36
WonderWoman Confirmed User Join Date: Dec 2005 Location: LA Posts: 1,439	This site was started by the guy that used to run Classmates before they were bought by United Online and they said goodbye to him. I am surprised they got funding honestly since I heard how they were acquiring the bags and it wasnt very organized and there werent many designer ones at the time. Most of them were like Nine West and such. It will be interesting to see if it works. __________________ Lubna ICQ: 321946016

03-08-2006, 02:37 PM	#38
WonderWoman Confirmed User Join Date: Dec 2005 Location: LA Posts: 1,439	Basically.. when someone chose a bag to "borrow" they would send someone to the store to buy it. So of course they have to front all the money for the bags so they had no designer bags at the time. With the funding however, things may change. I am wondering if they have insurance that covers the bags or something cuz some of those bags are over $2k a piece. __________________ Lubna ICQ: 321946016

03-08-2006, 02:42 PM	#39
tyler86ed Confirmed User Join Date: Jan 2004 Location: California Posts: 543	I've always thought a great business would be a puppy renting biz to guys so they can pick up chicks walking around the park with them. If they do pick up the chick, then they pretty much have to buy the puppy. If they don't, we give it to the next guy. It's like a rent-to-own. __________________ Check out all our new fresh FETISH sites, Tons of hosted galleries and fresh new content.

03-08-2006, 02:45 PM	#40
directfiesta Too lazy to set a custom title Industry Role: Join Date: Oct 2002 Location: Montreal, Quebec Posts: 29,676	bdjuf will be their first client __________________ I know that Asspimple is stoopid ... As he says, it is a FACT ! But I can't figure out how he can breathe or type , at the same time ....

03-08-2006, 02:47 PM	#42
BlueWire Confirmed User Join Date: Nov 2004 Posts: 4,628	We helped out a fellow GFYer with their ad campaign a few weeks back. Its a great idea... However, I used them for a V-Day gift last month and it was about the worst experience with a company I have EVER had. They simply put it are not ready for the public. The management is horrible, tech support is even worse.

03-08-2006, 03:25 PM	#43
DatingGold $6 PER EMAIL JOiN Industry Role: Join Date: Feb 2003 Location: California Posts: 13,185	my friend wanted to do that about a year ago.. __________________ 9 Years of SOLID payouts and conversions! ADULT DATING - $100 PPS LIVE CAMS - $214 PPS WWW.DATINGGOLD.COM ICQ: 27442303

03-08-2006, 04:06 PM	#46
Fred Quimby Confirmed User Join Date: Jul 2004 Location: Long Island, NY Posts: 5,430	I'm renting mens undersware online __________________

03-08-2006, 04:14 PM	#47
bigdog Confirmed User Join Date: Jul 2001 Posts: 6,964	What would be the male equivalent watches, suits,etc?