Unilever buys Dollar Shave Club for reported $1B value

Unilever creates and captures a unicorn with its plans to acquire Dollar Shave Club. Announced this evening, the $130 billion dollar multinational consumer goods company is speculated to be paying $1 billion, all cash, for the startup, according to reports from Fortune. If the pricing is true, the transaction will be one of the largest ever in e-commerce. E-commerce is often a scary space for investors, but David Pakman, DSC investor and board member from Venrock, believes the space has a strong pulse.https://techcrunch.com/2016/07/19/unilever-buys-dollar-shave-club-for-reported-1b-value/