Previous discussion, with an ethical backbone:<p><i>"Why can a scam company raise $40 Million Series C + $76 Million Series B?"</i><p><i>1021 points by wenxun 3 days ago | flag | 456 comments</i><p><a href="https://news.ycombinator.com/item?id=6455391" rel="nofollow">https://news.ycombinator.com/item?id=6455391</a><p>Here's a particularly good subthread. It would be at the top, but the root comment was controversial:<p><a href="https://news.ycombinator.com/item?id=6455575" rel="nofollow">https://news.ycombinator.com/item?id=6455575</a>
It's a little disappointing that Techcrunch doesn't mention any of the controversy / dark pattern-ness of their subscription model, except in passing.
Just yesterday I've learned that my wife ordered something from JustFab (luckily I saw the previous article on HN). Obviously she was shocked to find out about the real nature of the subscription and she immediately deleted her account.<p>TL;DR JustFab is scam
This might be the end of startup bubble. Not that I'm a prophet but vc starting to take part in openly scam sites and dodgy business means something. From business point of view founder is a genius he made a business that is dodgy got ~80 million and dispersed responsibility. So he will never get into trouble.
Should Time Life be a company? Are they the "Scum of the earth" that people seem to thing JustFab is?<p>JustFab took Time Life's business model and applied it to shoes.<p>Yes people complain.
<a href="http://www.consumeraffairs.com/misc/timelife.html" rel="nofollow">http://www.consumeraffairs.com/misc/timelife.html</a><p>Yes there is a life lesson in there about reading the Terms of Service.<p>No, I don't think they are illegal.<p>No, I don't think they are the scum of the earth.<p>What do you want VC's to do? Not invest in profitable companies that operate with in the law?<p>At the same time most of Hacker News cheers on Uber which operated illegally, and was losing money.<p>What kinds of companies do you expect VC's to throw Millions at? Cause it seems like the ones that are legal, profitable, and "scummy" are good investments for a while.. Zynga springs to mind. Google... Quite a few people don't like PayPal, put them on the list...<p>Mostly though the more you talk about JustFab the more press they will get. How do you think TechCrunch picks stories? Based on what gets read. So the more you vote them up the more they will write about them, the more they write about them the more money they will raise.<p>Maybe I should piss off the HackerNews crowd so my company will get more press....