The Ledger
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Harry's was the only vertically integrated direct-to-consumer shaving company
“I think we sort of at one point said, said we were kind of the only truly vertically integrated company in the shave industry and that we literally grind steel and make razor blades and deliver them to your door vis-a-vis our own kind of e-commerce platform.”
Harry's raised $100M in debt and equity to buy its German manufacturer
“And so we were able to get commitments for. Sixty five million dollars of equity. We then went to Germany to raise. Thirty five million dollars of debt, which was a whole different challenge to convince these, like, very conservative German bank lenders to len…”