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#104 Dressd: Red Carpet or Red Ocean?
The Pitch
How Do You Make Peer-to-Peer Rental Work?
Styleland is a peer-to-peer fashion rental service. Founder and CEO of Styleland says people are excited about the idea of making money off your clothes without having to sell them. Litote went under, Y-closet went under, Castle went under, there is over $100 million and never were able to make it work. RTR lost two thirds of its stock value since its IPO.
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