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Re:Etsy to buy fashion reseller Depop for $1.63B by bsder on Wednesday June 02, 2021 @06:17PM (#27374727)
> “lifestyle business” or “not likely to achieve a high ROI” to create what is now a billion-dollar exit.

Why would you believe this? Fad businesses chasing the tweens and 20-somethings is ABSOLUTELY the kind of business that VCs salivate over.

And fashion rises and falls in cycles. Have we forgotten fashion darlings like ModCloth?

The key to the fashion business is knowing when to cash out.

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