The Fancy Gives $20M To Shareholders

New York-based social commerce company The Fancy raised $7 million in Series C funding this week, bringing its total for the round to $60 million, All Things D reported on September 20.

One-third of this total will be distributed to executive officers, directors and promoters who provided financial support for the Fancy. All Things D indicated that CEO Joe Einhorn and president Jack Einhorn may have been beneficiaries of the payout. 

For our exclusive talk with Joe Einhorn, read “Fancy Founder Sees Future Through Google Glass.