Submitted by Jennifer L. Schenker on December 7, 2010
Showroomprive.com, a four-year-old private online sales company that competes with France's Vente-privee.com, managed to attract 3 million members and 75 million euros in revenue without any outside help. But to meet its goal of becoming a pan-European player the Paris-based company needed "smart money", connections to a venture capital firm that understands how to scale and the ins and outs of on-line businesses with a social component.Read more
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