Don Ressler And His Successful Online ventures

Don Ressler is the business person behind Intelligent Beauty along with its subsidiaries. He has established several successful start-ups. FitnessHeaven.com was his first start-up. The firm was acquired by Intermix Media. Following the acquisition in 2001, Don Ressler teamed up with Adam Goldenberg to establish Alena Media. Adam served as the COO of Intermix Media and was 19 years old at the time. Alena Media, an ecommerce advertising division was Intermix’s profit generating center. It raked hundreds of millions in revenue.

Don Ressler knew they had the essential skills to achieve in the online performance advertising. They opted to form a brand building business. They gathered professionals that previously worked with Alena Media. Following a series of brainstorming, Intelligent Beauty, a brand building business that deals directly to the consumer was established. The first creation by Ressler’s firm was DERMSTORE, an online market for skincare. The company inaugurated SENSA two years later. It was a weight loss system. The two ventures have been highly profitable.

In 2010, Don Ressler’s Intelligent Beauty launched JustFab, an ecommerce fashion retailer. The firm works through subscription. By 2011 December, the company had 4 million members. It crossed the 6 million mark five months later. That feat coincided with a second round of funding. The firm successfully secured $76 million from Crossover Ventures, Rho Ventures, Matrix Partners, and Intelligent Beauty.

Following the first two years success, JustFab began to seek new opportunities to reach out to new markets. First, it acquired FabKids, a subscription service particularly for children’s fashion. JustFab purchased the company after recognizing that parents formed a bigger part of the members. Subsequently, JustFab purchased The Fab Shoes, an ecommerce site that operates in Europe. The new acquisition brought in over 500,000 new members. In 2013, JustFab started Fabletics by teaming up with Kate Hudson. It’s a site for athletic wear. Following the inclusion of Fabletics to the JustFab umbrella was ShoeDazzle, a shoe subscription service. In addition to the 2013 accomplishments, JustFab opened its flagship store the same year. Source: http://www.matrixpartners.com/entrepreneur-stories/adam_goldenberg/

Don Ressler has raised over $ 100 million in capital for online firms. He has also generated more than $1 billion in sales for internet companies. For this reason, he has been dubbed an enterprise and brand building guru. Recently, his firm collaborated with People Style Watch to start an exclusive capsule collection.

Solo Capital Is So Much More Than The Name

Solo Capital Holdings is the company Sanjay Shah started out of the ashes of his career on Wall Street. His company now owns the trading brands Solo Capital Limited and Solo Capital UK, which operate in the markets of London. Since starting the holding company, he has bought and founded other companies in such diverse locations as Malta, Dubai, London, Luxembourg, the Virgin Islands, and the Cayman Islands.

It has only taken 8 years for Shah to amass a fortune estimated to be worth approx. $280 million. He even got back into investment banking with his purchase of Old Park Lane Capital. Shah now lives the life of a philanthropic retiree with his family in Dubai. Shah worked his way to the top, intensely producing for the major finance house Merrill Lynch, and Credit Suisse, and Morgan Stanley. Then, in 2007 when the corruption scandals broke and Wall Street spiraled into The Street, Sanjay Shah was downsized with thousands of others.

He did not stop his ambitions, but he did get into action. He founded Solo Capital Holdings in 2007 out of his original company: Aesa S.a.r.l. It was a risky move, but one that obviously has paid off quite fully. Shah started a new philanthropic venture a while back. While he was entertaining Snoop Dogg with his family in their home in Dubai, he mentioned that his youngest son is autistic.

Shah took the idea to heart and launched the charity: Autism Rocks. So far the charity has raised over $15 million that has gone to the Autism Research Trust, a Cambridge University study program. Some of the superstars, besides Snoop Dogg, that have performed at these very private benefit shows include Drake, Lenny Kravitz, Michael Bublè, and the late Prince.

 

Learn more about Sanjay Shah:

http://www.pharmiweb.com/pressreleases/pressrel.asp?ROW_ID=160667#.V0jB_kURW4E

http://www.thesundaytimes.co.uk/sto/business/Finance/article849141.ece