Karmaloop

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Bumps on the road to an IPO?
As Karmaloop seeks to raise next round, it stretches some vendor payments and shutters underperforming sites
Karmaloop CEO Greg Selkoe.
Hipster apparel merchant Karmaloop has been one of Boston's rare consumer e-commerce hits: the company, founded in a Jamaica Plain basement in 2000, booked $165 million in sales last year, according to CEO Greg Selkoe. And the company's headquarters have progressively taken over the inside of what was once the landmark Shreve Crump & Low jewelry store in Back Bay, where it employs almost 200 people. Read More