---
title: This Irreverent Mail-Order Startup Was Just Purchased for $1 Billion
description: Startup Dollar Shave Club is being acquired by Unilever, which is looking for a way to compete with Gillette and Procter &amp; Gamble.
authors:
  - name: Martha C. White
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published: '2016-07-20T13:45:04.000Z'
modified: '2024-04-17T02:55:42.000Z'
section: Business
tags:
  - Dollar Shave Club
  - pubdesk
  - razors
  - shaving razor
  - Startups
  - toiletries
word_count: 345
canonical: https://money.com/dollar-shave-club-sold-unilever/
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![dollar-shave-dubin](https://img.money.com/2016/07/dollar-shave-dubin.jpeg?crop=0px%2C0px%2C3000px%2C1688px&quality=85)
*Dollar Shave Club CEO Michael Dubin*

Dollar Shave Club, the mail-order razor startup that generated as much buzz for its hilarious offbeat ads as for its low-cost business model, is having a very good day. The company accepted a buyout offer from Dutch personal-care products giant Unilever for $1 billion, according to [*Fortune*](http://fortune.com/2016/07/19/unilever-buys-dollar-shave-club-for-1-billion/).

Dollar Shave Club CEO Michael Dubin, who starred in a string of company ads using some four-letter words to explain just how amazing his company's blades are, might say that the big deal is "f---ing great," in keeping with the company's borderline-NSFW tag line. (What keeps it borderline is that both the verbal and print versions of the word are perfunctorily censored.)

Dollar Shave Club was said to be worth $539 million, based on the $160 million in venture capital it raised. But, as the *[Wall Street Journal](http://www.wsj.com/articles/unilever-buys-dollar-shave-club-1468987836)* pointed out, despite having 3.2 million members and revenue last year of $152 million the company isn't in the black yet.

This didn't apparently faze Unilever, which is looking for an (ahem) edge over rival Proctor & Gamble, whose Gillette brand dominates the market.

Dollar Shave Club's initial pitch was simple when it [started in 2012](http://business.time.com/2012/03/12/dollar-shave-club-a-start-ups-viral-ad-for-fing-great-razors-is-a-big-hit/) after being in beta for about a year: For as little as $1 a month plus a couple more bucks for shipping, customers would get "f---ing great" quality razor blades shipped straight to their door, with a handle included in the initial shipment.

***Read Next:* [Why Dos Equis’ ‘Most Interesting Man’ Ad Campaign Was So Successful](https://money.com/success-most-interesting-man-in-the-world-ad/)**

The mail-order business was so basic, it sounded almost quaint — until you threw f-bomb-slinging, motormouthing Dubin and some random dude dancing in a bear costume into the mix. ([*Businessweek* dubbed](http://www.bloomberg.com/news/articles/2012-03-08/lazy-men-the-next-frontier-in-online-retail) the bro-friendly marketing appeal the Judd Apatow of business models.) The company's [online ad](https://www.youtube.com/watch?v=ZUG9qYTJMsI) has racked up nearly 23 million YouTube views since launching.

We'll have to wait and see what Unilever does with Dollar Shave Club. Surely, the corporation will want to get a return on its investment, and it would have to sell a staggering number of cheap razors to get that $1 billion back.

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