How Nasty Gal Went from an $85M Company to Bankruptcy

The rapid rise and fall of Nasty Gal Inc., an online retailer once popular with millennial shoppers and venture capitalists, is culminating in a bankruptcy sale to a rival.

In less than a decade, Nasty Gal founder Sophia Amoruso, 32 years old, transformed an eBay vintage store into a company that generated $85 million in revenue for the 2014 fiscal year.

But the Los Angeles company’s swift growth led to stumbles. Leadership…

via Hacker News http://ift.tt/2lm5kNE