YouTube Star Michelle Phan’s Beauty Startup Ipsy Raises $100 Million

“YouTube celebrity Michelle Phan’s startup Ipsy, which sells monthly subscriptions to Glam Bags full of beauty products, has raised $100 million in Series B funding from TPG Growth and Sherpa Capital. The company did not disclose its valuation, but sources familiar with the situation said the round values the company around $800 million.” Read more at