Andreessen Horowitz Invests $20M In Custom Apparel Platform Teespring
techcrunch.com
3 threads
The article mentions that AH was "hoping to keep the investment under wraps indefinitely". Why would this be? We all see investment press releases constantly.
Congratulations to them. Who would've thought a "Kickstarter for t-shirts" would raise $20M?
It's amazing to me that two t-shirt companies have raised significant rounds in the last 3 months. CustomInk raised $40M a few months ago: http://techcrunch.com/2013/11/11/customink-40m-ted-leonsis/
Disclosure: I work for CustomInk. It's an exciting time to be in the t-shirt business.
AH ahead of the wave again.