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Over the past 20 years, Shep and Ian Murray have built a Vineyard Vines into a business that would impress both Warren and Jimmy Buffett. Founded in 1998, the company now has 95 stores, and sales of its colorful, whale-logoed shirts and neckties hit $476 million in 2016. Even more impressive, the Murrays have managed to scale while maintaining 100% ownership of the company, which Goldman Sachs reportedly valued at $1 billion two years ago when the brothers explored selling a minority stake.
Read it on Forbes: https://www.forbes.com/sites/stevenbertoni/2018/04/10/how-vineyard-vines-built-a-giant-brand-without-raising-a-penny-of-equity/#45709c506c95
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