Shapeware Co. Ruby Ribbon Raises $8.5M to Expand

Offering pop-up parties selling shapewear that blends Lululemon style with Spanx support, Ruby Ribbon Inc . has won fresh investor backing to expand nationwide, VentureWire has learned. The company, which has grown to 100 stylists in 30 states since first crafting the product 8 months ago, closed an $8. 5 million Series ...



Considering Convertible Debt? Don’t Sell Yourself Short!

The prevailing wisdom among entrepreneurs these days is that they should initially fund their startups with a $1-2 million convertible note. The logic is that raising a convertible note, even a capped one (as most are), is less dilutive, and perhaps faster, than raising a priced round from an institutional venture capital...