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[Negeri Sembilan]
RUMAH BORAK SELATAN: EVERYDAY IS A SECOND CHANCE
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“I would rather walk with a friend in the dark, than alone in the light.”
― Helen Keller |
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“Life is an awful, ugly place to not have a best friend.”
― Sarah Dessen, Someone Like You |
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“You are my best friend as well as my lover, and I do not know which side of you I enjoy the most. I treasure each side, just as I have treasured our life together.”
― Nicholas Sparks, The Notebook |
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Karok sat |
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“What is a friend? A single soul dwelling in two bodies.”
― Aristotle |
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“Nobody likes being alone that much. I don't go out of my way to make friends, that's all. It just leads to disappointment. ”
― Haruki Murakami, Norwegian Wood |
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“Each friend represents a world in us, a world possibly not born until they arrive, and it is only by this meeting that a new world is born.”
― Anais Nin, The Diary of Anaïs Nin, Vol. 1: 1931-1934 |
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“He must have known I'd want to leave you."
"No, he must have known you would always want to come back.”
― J.K. Rowling, Harry Potter and the Deathly Hallows |
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???????? FashionValet's founders apologised to Khazanah Nasional and PNB for the RM43.9 million loss.
???????? FashionValet, a Malaysian e-commerce platform that became synonymous with local fashion, was co-founded in 2010 by Vivy Yusof and her husband Fadza Anuar.
Their marketing strategies were brilliant.
FashionValet collaborated with influencers like Vivy herself (1.8M+ followers on IG alone) to reach out to young, fashion-conscious consumers, particularly women aged 25 to 40.
Their initial success helped them secure Series A funding in 2015 from Elixir Capital in Silicon Valley, which boosted their credibility and reach.
From there, FashionValet was unstoppable ????????????
In 2017, they launched their own in-house brands like dUCk and LILIT, which quickly gained popularity. Vivy Yusof's personal brand as a fashion influencer played a crucial role in this phase, leading to increased sales and brand recognition.
???? At its peak, FashionValet’s traction secured RM47 million investments from Malaysian state funds in 2018:
- RM27 million from Khazanah Nasional
- RM20 million from Permodalan Nasional Berhad (PNB)
???????? FashionValet became a household brand and "almost" became a successful startup story in Malaysia.
Yes, almost… Because the capital became a curse in disguise.
Here’s what happened to FashionValet (full story): https://www.therunway.ventures/p/fashionvalet
FashionValet was shut down in July 2022 and pivoted entirely towards its in-house brands — dUCk and LILIT.
Do you think Khazanah and PNB made the right investment decisions as a public fund?
#startup |
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Category: Negeri & Negara
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