I hope you guys crush it as well. This really taps into the market of people who don't want to spend the time going to thrift stores (or be caught seen in them), but want to save a buck.
I wonder if this type of market is going to expand out more and more to put future generations into the "Why buy when you can rent?" mentality for their entire lives. Makes sense for being able to borrow something when you need it and then return it instead of having it take up space in your house.
The lady got what I thought was a decent deal with her main problem being that she diluted the heck out of the company by giving out 10% of the shares to anyone who even sneezed near the company.
I wonder if this type of market is going to expand out more and more to put future generations into the "Why buy when you can rent?" mentality for their entire lives. Makes sense for being able to borrow something when you need it and then return it instead of having it take up space in your house.
A similar toy rental business was on Shark Tank this season: http://www.toygaroo.com/blog/?p=1734 http://inthesharktank.com/2011/03/shark-tank-premiers-bigges...
The lady got what I thought was a decent deal with her main problem being that she diluted the heck out of the company by giving out 10% of the shares to anyone who even sneezed near the company.
Best of luck.