Modcloth.com CCO’s lecture — from a personal style to a multimillion dollar online business

Doing it right. Susan Gregg Koger turned her fascination with vintage clothing collecting (as in, buying gorgeous, unique pieces from thrift stores in Florida, even if the clothes didn’t fit her personally) into an business known for its “vintage-inspired” designs made accessible to the masses, through an initial survey that showed them it was a need. Along the way, they crafted their own “democratic” social shopping experience that allows the customer to have a voice in the decision of the buyer and what actually becomes a piece for sale. She does name drop Threadless as a business model, but they are more private label oriented, from what I gather. She’s not a natural in front of an audience, which is endearing in its awkwardness, which is a good … Read More

RollingJubilee.org: Crowdsourced debt reduction for the 99% by the 99%

Banks sell debt for pennies on the dollar on a shadowy speculative market of debt buyers who then turn around and try to collect the full amount from debtors. The Rolling Jubilee intervenes by buying debt, keeping it out of the hands of collectors, and then abolishing it. We’re going into this market not to make a profit but to help each other out and highlight how the predatory debt system affects our families and communities. Think of it as a bailout of the 99% by the 99%. — ROLLINGJUBILEE.ORG Once I read about rollingjubilee.org and realized how brilliant it was, I laughed alone in my office for like, two minutes straight. Then I went straight to PayPal and sent them funds courtesy of Fractalspin.