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Don Ressler’s Journey as an Entrepreneur of Start-up Companies

Don Ressler is an entrepreneur behind beauty brands such as Intelligent Beauty, FitnessHeaven.com, and Alena Media. After the acquisition of FitnessHeaven.com by Intermix Media in 2001, Don co-partnered with Adam Goldenberg to create Alena Media. Alena Media was started as an e-commerce business and generated several million in profit and was the primary revenue generator for Intermix. In 2005, News Corp acquired Intermix.

Goldenberg and Don Ressler later joined forces again with the addition of former Alena team members and co-founders to strategize the beginning of Brand Ideas which rebranded to Intelligent Beauty. The first launch by Intelligent Beauty, DERMSTORE, catered to the skin and cosmetic needs of their clients. SENSA, their second brand, was a collaboration with Dr. Alan Hirsch to enhance the common products of the firm, hence increasing their annual income.

In 2011, Intelligent Beauty set up JustFab, a fashion retailer firm of Don Ressler. JustFab received $33 million in funding from Matrix Partners in 2011.With the integration of Kimora Lee Simmons as the president and creative director of the company in September of 2011, JustFab increased to a volume of 4 million members by the end of 2011. In April of 2012, the firm raised $76 million with the help of Rho Ventures, Matrix Partners, Crossover Ventures and Intelligent Beauty in a span of only two months,

Read more: Former Intermix COO Raises $33M For Fashion Brand JustFabulous

After collecting research data on JustFab’s population of their clients, the company decided to expand their business to serve more children with fashion wear. On January 18th of 2013, JustFab acquired Fabkids on Bloomberg, a fashion subscription service for children. On May 23rd of 2013, it expanded its business further by buying European Fashion e-commerce website which had a subscription of approximately 500,000 in the count. The members were majorly France and Spain nationals. The added count in membership added to the 1.5 million people across Germany and the United Kingdom.

In December of 2013, had expanded its members to 3 million in count across Europe. In October of 2013, JustFab accepted a $40 million funding from Series C, aiding it to launch Fabletics. Fabletics sells athletic attires on a website developed in partnership with Kate Hudson. To increase its returns, JustFab administrators acquired the rivaling show company, SheDazzle in August of 2013.

JustFab closed a deal on an $85 million funding by Passport Special Opportunity Fund, Matrix Partners, Shining Capital, and Technology Crossover Ventures. The totaled capital collected by JustFab amounted to $250 million.

Source: https://www.instagram.com/fabletics

Being With Children For Christmas

Securus has made it easy for parents who are in prison to stay in contact with their children at Christmas with video calling. The parent would call home like usual, but there is a video call instead of one that is only on the phone. This allows for the child to be able to see the parent and for the parent to have a presence in the room while the child opens gifts.

 

This is a good way that Securus has developed for parents to be able to take part in the holiday. It allows children to show parents what they get for Christmas and for parents to see the smiles that morning. If the parent has enough funds, then there usually isn’t a limit as to how many video calls can be made. This makes it easy for the parent to be there when the child wakes up and to follow the child to the Christmas tree to see what has been left to open. The parent can also take part in other activities on Christmas, such as the family dinner or singing carols with other family members.

 

Securus thought about the joy that children deserve on Christmas when the company decided to introduce video calling. It’s a way for parents to stay in the lives of their children for the special moments.

Know more: https://en.wikipedia.org/wiki/Securus_Technologies

Brian Bonar’s Successful Financial Services Career

Brian Bonar is a prominent investor who is based in sunny San Diego, California. He’s not only an investment professional, either. He’s also a busy finance aficionado who likes to share his vast knowledge regarding the topic. Bonar works as the CEO (Chief Executive Officer) and Chairman of a company called Dalrada Financial. Dalrada Financial is located in San Diego and focuses on giving clients business process outsourcing, benefit, insurance and financial services and products. The firm works with companies all around the United States.

Some examples of the specialties that are offered by Dalrada Financial are tax deferred benefits, tax strategy techniques, debit cards, payroll advances and supplemental insurance plans. The team at Dalrada Financial assists clients with diverse topics such as vision insurance, dental insurance, group dental coverage and beyond.
Bonar is a highly distinguished professional. Cambridge’s Who’s Who acknowledged him by giving him their Finance “Executive of the Year” award. He has a Ph.D and is part of esteemed organizations such as the American Finance Association. Bonar attended James Watt Technical College from 1963 to 1969. He focused on mechanical engineering while there. He also attended Stafford University between the years of 1973 and 1985. He focused on the exact same field while at that institution. He graduated from Stafford University with a master’s degree.

Bonar doesn’t only work for Dalrada Financial. He’s also a big part of a company that’s known as Trucept. Trucept is headquartered in Escondido, California. This city is in the North County area of San Diego. Human resources administration, payroll and employee benefit matters are all areas of expertise for the professionals at Trucept. Bonar is the company’s CEO and Chairman.

He’s been with Trucept since the summer of 2011. Other firms Dalrada has worked for in the past include Allegiant Professional Business Services, AMS Outsourcing, ITEC Image Technologies, Adaptec, Bezier Systems, QMS, Rastek Corporation and IBM. He worked for IBM from the spring of 1969 to 1985. He was in charge of motherboard outsourcing matters while there. He took care of motherboard outsourcing requirements for certain types of PCs made by IBM.

Bonar is equipped with a strong range of skills. He specializes in varied subjects such as marketing techniques, angel investing, strategic partnerships, small businesses, mergers & acquisitions, private equity, sourcing, management consulting, turn around management, contract negotiation, sales, corporate development, due diligence, business planning, restructuring, competitive assessments, entrepreneurship, startup organizations and process improvement.

No one can dispute that Bonar knows a lot about his field and related topics.