Term Sheet — Friday, October 20

The big news today: online personal styling company Stitch Fix filed for an IPO. This move will test investor appetite for e-commerce stocks. It is remarkable that the startup has only raised $42.5 million in venture funding from investors including Benchmark Capital, Baseline Ventures, and Lightspeed Venture Partners. (Benchmark & Baseline both have more than a 25% stake.)

Website: http://fortune.com/2017/10/20/term-sheet-friday-october-20/

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