Venture Capital: Internet Startup Rents out Designer Handbags

"But at Bag Borrow or Steal -- a venture-backed Internet startup that moved its headquarters to Seattle this past summer -- fashion-conscious shoppers can rent those high-end bags and more for monthly subscription fees that range from $19.95 to $249.95. The idea has won thousands of loyal customers and drawn comparisons to Netflix -- the wildly popular online movie rental service. It also has spawned additional competitors. "