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Why TOMS Shoes Is Putting A Toe In Brick-And-Mortar

PYMNTS

TOMS Shoes Founder Blake Mycoskie did not begin life dreaming of entrepreneurship, shoes or creating a socially conscious company. He wanted to be Indiana Jones. Those customers are also going to discover lots of shoes that look just like theirs that maybe don’t have as strong a social mission — or just aren’t as well made.

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Autopsy Report: 9 Startup Failure Stories And What We Can Learn From Them

CB Insights

But despite the popularity of its sock puppet mascot, the online pet supplies retailer went out of business just 9 months after its Super Bowl ad, doomed by an untenable business model and the bursting of the dot-com bubble. Three months later, Amazon contributed to a $50M funding round earmarked for promoting the Pets.com brand.

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