Semi-genius »

Ideeli has a terrible name - way too easy to misspell - but a sharp business model: they take discounted women’s luxury goods and they make them available woot-style through an invite-only network. Write up in the NYT today, found it via SAI. But neither source plays up the sharpest part of the model - to get in on the deals earliest, you have to pay $7.99 a month for the privilege.

In an online world of ‘free’, congrats to ideeli for being sharp enough to realize that for their…