Finding Your M.O. | Part 6: How Wise is Conventional Wisdom?

Finding Your M.O. is an on-going series on The Business of Fashion penned by Áslaug Magnúsdóttir, co-founder and CEO of Moda Operandi, on her experience at the helm of a fashion-technology start-up. Last time, in Part 5, we examined how to choose the right investors. Today, we tackle the topic of whether to follow conventional wisdom. NEW YORK, United States — In business, we often hear about conventional wisdom. There can be great

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Finding Your M.O. | Part 5: How to Choose the Right Investors

Start-up Financing Cycle | Source: Wikipedia

Finding Your M.O. is an on-going series on The Business of Fashion penned by Áslaug Magnúsdóttir, co-founder and CEO of Moda Operandi, on her experience at the helm of a fashion-technology start-up. NEW YORK, United States — Last month, in Part 3 of this series, I wrote about the importance of putting together a good business plan to focus your company and drive the fundraising process. But just as critical as building a good plan

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Finding Your M.O. | Part 4: Making the Most of Mentorship

Marvin Traub | Photo: Mel Finkelstein

Finding Your M.O. is an on-going series by Áslaug Magnúsdóttir, co-founder and CEO of Moda Operandi, on her experience at the helm of a fashion-technology start-up. In Part 3, we broke down the critical elements of a business plan. Today, we tackle the topic of good mentorship. NEW YORK, United States — Earlier this month, my mentor, former boss and business partner, Marvin Traub, passed away at the age of 87. Marvin was a defining

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Finding Your M.O. | Part 3: The Business Plan is Your Roadmap

[caption id="attachment_34674" align="alignnone" width="500" caption="Source: themovementprogram.com"][/caption] Finding Your M.O. is an on-going series penned by Áslaug Magnúsdóttir, co-founder and CEO of Moda Operandi, on her experience at the helm of a fashion-technology start-up. In Part 2, we examined the need for speed. Today, we break-down the elements of a business plan. NEW YORK, United States — Early stage entrepreneurs often ask: is a business plan really that important or can you get away without one? The quick answer is: yes, it’s really that important, and, no, you cannot get away without one. If you’re looking to third parties to raise capital, they’re understandably going to want to see a plan for what you want to do and how their money is going to be spent, with some very…

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Finding Your M.O. | Part 2: The Need For Speed

Finding Your M.O. is an on-going series penned by Áslaug Magnúsdóttir, co-founder and CEO of Moda Operandi, on her experience at the helm of a fashion-technology start-up. In Part 1, we looked at the path from big idea to launch. Today, we tackle the topic of growth. NEW YORK, United States — When founding a company, one of the most important decisions you will make is how and when your company grows. Growing a young company is not

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Finding Your M.O. | Part 1: From Big Idea to Launch

On the heels of last week’s announcement that Moda Operandi has raised $36 million in new funding, we are pleased to launch a new BoF series, Finding Your M’O, penned by the company’s co-founder and CEO Áslaug Magnúsdóttir on her experience at the helm of a fashion technology start-up. NEW YORK, United States — In February 2011, I launched an online store — Moda Operandi — with my business partner, Lauren Santo Domingo. Moda

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Moda Operandi Raises $36 Million, Expands from Pre-Commerce to E-Commerce

Moda Operandi Screenshot | Source: Moda Operandi

NEW YORK, United States — ‘Pre-tail’ fashion start-up Moda Operandi, which enables women to pre-order designer pieces straight off the runway via limited-time online trunk sales, announced today that it has raised $36 million in a Series C round of funding led by RRE Ventures, with the participation of existing investors New Enterprise Associates, New Atlantic Ventures and Condé Nast, as well as strategic investors

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Waiting for China’s moment, Pinterest’s path, The Gap and teens, Future of retail, Nail boom

Tsai Meiyue Spring/Summer 2012 | Source: Fashion Inquisitive

When will the China Fashion Week era arrive? (China Daily) “Fashion weeks are being staged everywhere,and there’s practically a host city for every letterof the alphabet… Beijing recently hosted China Fashion Week, which got some media mileage overseas, but it’s just not on the agenda of the global fashion industry’s movers and shakers.” Is Pinterest going to make any money? (Telegraph) “We

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