Unilever's acquisition of Dollar Shave Club is one of the biggest e-commerce deals in recent years. The acquisition comes five years after the company was founded, and provides a substantial windfall to the incubator and early investors that backed the company.
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Dollar Shave Club just sold for $1 billion to Unilever
“We weren’t looking to be acquired ... but he did a really great job convincing us of a few things,” Dubin said, including “how ambitious and aggressive and innovative they are” and “the economies of scale they can bring in a lot of different areas.” Translation: Unilever can help the startup get better deals on things like advertising buys and product manufacturing.
