What seems to truly be blossoming in the financial realm right now is ecommerce and any sort of online retail. The companies that are now operating in such a way have such an edge on traditional retailers. Everyone’s attention is grabbed by companies with a massive email list of people to send products, discount codes, special promotions and points, free shipping, and a myriad of other offers. The constant enticing of coming across the screen of the third human hand that’s know as the mobile phone. We quickly make judgments that if I don’t take advantage of this sale now it will be gone forever. And with the touch of thumb to screen most is delivered to our doorstep no problem. Adam Goldenberg and Don Ressler are working to take company Techstyle, to the next level.
Adam Goldenberg created his own business at the age of 13, and eventually by the age of which became a website called Gamer’s Alliance. This became so popular that at 17, he told the rights to Intermix which is the parent company to the social media site MySpace. He later worked for Intermix as the youngest ever COO of a company and soon after leaving began two companies, JustFab and DermStore.
Don Ressler also worked for Intermix and through several ventures helped sell the company to NewsCorp for an estimated 670 million dollars. He spent several years creating and running his own ecommerce and online businesses. He has through these companies accumulated over 1 billion dollars in sales. The combined efforts of both Don Ressler and Adam Goldenberg now are transforming Techstyle into a true masterpiece.
With an estimated 700 million dollars of revenue expected this year, these two geniuses are clearly doing something right. Now only has the company made money, but has over 2,000 employees and 4.5 million members. As a company one of the goals these two discuss is how they can absolutely shock both the fashion and technology world. With technology they desire to give the members constantly new and vibrant technology experiences. These experiences you naturally want to tell others about. Then for fashion the company seeks to use personalization and seeing how consumers shop via online to determine what is most eye catching to the people.
Techstyle will most likely continue to innovate fashion and technology. Changing both industries through the excellent leadership of the business start-up geniuses.