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Here’s a lab-grown diamond startup that’s attracted a16z’s attention
Throughout hip-hop's long history, jewelry has served as an important vehicle for artists to convey their ideas and affluence, or simply to dazzle
To find supply, Pascal turned to Henan, a central Chinese province that has become a major production hub for synthetic diamonds in the world, and China’s emerging manufacturing neighbors like Vietnam and Thailand. He then founded a peer-to-peer streetwear marketplace in China, which raised over $10 million in equity funding and generated $1 billion worth of gross merchandise value in its third year of operation. He looked at how fans of rock bands often purchase clothing and goods that can range from $30 t-shirts and $200 sneakers to $500 leather jackets and $1,000 jewelry to make a statement about their cultural identity.
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