Adam Goldenberg is a self-accomplished entrepreneur with a passion for technology-led fashion Industry. Goldenberg is a co-founder and Co-CEO of TechStyle, previously known as JustFab. JustFab was founded in the year 2010 and has been operating as a subscription based e-commerce retail fashion business. The company was founded with the aim of increasing the value that people got from shopping fashion items over the internet. The company instantly became a hit and more and more people were willing to buy from them, given the value obtained from purchasing as a member.
The company has been able to raise funds through rounds that are led by various investors like Matrix partners. In the year 2013 alone, the company raised $55 million. The following year, through a round led by Matrix Partners, the company was able to raise $85 Million. This round saw the company valued to over $1 billion. This saw the company join the billionaire’s club on cnbc.com. After that round, Adam Goldenberg was interviewed by Bambi Francisco on Vator. She was mainly concerned on how it felt for Adam Goldenberg’s company to be a unicorn. A unicorn is a company that joins the billionaire’s club. To this Adam Goldenberg said that it is a great accomplishment but it doesn’t affect the way they run their business. Besides, it is not like they keep mentioning it in the office. However, they are really proud that people outside their business recognized the hard work and dedication of their staff.
About Adam Goldenberg
Adam Goldenberg is one of the most envied businessmen in the fashion industry. At just the age of 37 years, he seems to have accomplished quite a lot. He is a co-CEO of ShoeDazzle, FabKids and Fabletics. All these companies are under the TechStyle Umbrella.
Goldenberg’s career began back in the 1996. That year, he founded a gaming sites’ advertisement network, Gaming Alliance. He quickly grew the company and in just three short years he received a purchase offer from Intermix. Intermix bough his company in the year 1999 and retained him, giving him the position of VP of Strategic Planning on builtinla.com. In the year 2001, the company promoted him to serve as the Chief Operations Officer of the company. It was during his time at Intermix that he met Don Ressler, a friend and business partner with whom he has grown in business till today.