Ralph Urner
BANNED
- Jun 24, 2014
- 254
- 118
Here is the article for those marketers wondering if it is even possible to make $5-10M a year in marketing:
http://www.buzzfeed.com/sapna/justfab-the-billion-dollar-startup-with-a-dark-past#.ik5yv1Ew0
http://www.buzzfeed.com/sapna/justfab-the-billion-dollar-startup-with-a-dark-past#.ik5yv1Ew0
But while JustFab has revenue streams befitting a unicorn, its predecessor companies were less ethereal beasts. For more than a decade, starting at MySpace's parent company, Goldenberg and Ressler's customers have frequently complained of getting tricked into recurring credit card charges and fooled by deceptive advertising and misleading promises — promises the FTC said sounded "like magic pixie dust" in a warning to consumers regarding the diet product Sensa. It made more than $300 million in sales before the federal regulator intervened.
