Thre.ad, a New York City-based social network that lets users share street style through “threads” of photos, is in the process of raising a $760,000 debt round, according to the startup’s amended Form D filing on FormDs.com.
As Thre.ad co-founder and CEO Mimi Nguyen explained to Betabeat by email, the social network lets users spot and tag photos with brands and styles and share it with the rest of the Thre.ad community. “If Twitter and Instagram had a baby, it would be thre.ad!” Ms. Nguyen told the Huffington Post when the company launched in private beta in November. Sounds more like democratizing The Sartorialist to us, with the idea of turning anyone with a smartphone into a style spotter. Read More