The Fancy Takes a 10% Cut

Source: Huffington Post, Aug 2012

Fancy takes a 10 percent cut from sales, creating a steady revenue stream.

Einhorn declined to report the company’s revenue. But he said the startup, which launched a year ago, does more than $10,000 a day in sales. Fancy also allows users to receive a 2 percent cut from every sale of an item they recommend, allowing influential users to create a new source of income.

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