Update 1/2/2017: As you know, Don Ressler and Adam Goldenberg teamed up with Kate Hudson for their Fabletics fashion brand. Check out what Kate Hudson has to say about their plans for the future, how she stays fit, and how Don Ressler’s fashion brand does a lot more than just make you look good while you’re working out. Full story on Yahoo.
Update 6/1/2017: Don Ressler has some new ideas, and his fashion empire has undergone a name change to TechStyle. Entrepreneur has the exclusive report on how Don and how prominent actress Kate Hudson are planning on teaming up to make the most of their work out clothing line.
Venture capitalists are always looking for safe investments that will generate a large profit without putting any of the money they invested at risk. It is not a surprise that so many venture capitalists over the past few years have been beating a path to the door of Don Ressler. Don Ressler has repeatedly shown on many occasions that he has the ability to create various startup websites that can quickly gain customers and generate a massive profit. Therefore, venture capitalists have no problem giving Don large amounts of their money to finance his various projects in the hopes that they will be able to benefit from his next popular website creation.
The tech world first stood up and took notice of Don Ressler after the enormous success of Dermstore. There had been many skincare and cosmetics websites prior to the launch of Dermstore. However, very few of them had the sort of immediate impact with consumers that Dermstore was able to generate. The site was the brainchild of Ressler. It was in the planning stages for a long time before it was finally launched. Ressler believed that the other websites that were selling cosmetics and skincare products were making serious mistakes in the way they were marketing themselves to consumers. Don Ressler thought the time was perfect to create a site that offered a bigger selection at lower prices than all of the competition. His big gamble turned out to become an unqualified success.
This is when venture capitalists started to see that Don Ressler was a person they should be in business with. Don Ressler was able to secure enough startup capital to create a clothing website that he decided to call JustFab. Once again, he targeted all of the flaws that he saw in the various competing clothing websites. He gave consumers a huge selection of the most popular clothing brands and the response was even beyond Ressler’s wildest expectations. Interestingly, the site first caught on in Europe first. It then slowly gained momentum in the United States. JustFab became so profitable that Ressler decide to launch a spinoff site called Fabletics that exclusively sells athletic clothing. Once again, Ressler struck gold with this brilliant idea.
Don Ressler has no problem obtaining startup capital these days. In fact, he has more venture capitalists contacting him than he actually needs to finance his projects. He said that being able to turn down investors is a good position to be in.