;#Alumni News;# | Entrepreneur | 11
How a Used-Clothing Site Raised $8.4 Million in Venture Capital
Re: James Reinhart (MBA '09) & Chris Homer (MBA '09)
After the site launched in September 2009, "hacked together" with little more than a $70,000 infusion of family-and-friend money and their own sweat equity, it attracted 10,000 community members within three months. Not bad, but not quite fast enough for the young entrepreneurs, who started looking around for other markets.