Carmen Busquets Quotes

About Author
Carmen Busquets is a Venezuelan entrepreneur, philanthropist and investor who was an early champion of the fashion-tech space. She was the co-founder and founding investor in Net-a-Porter. Since 1992, Busquets has invested £50 million in fashion-tech companies in the United Kingdom and the United States, generating an estimated 10,000 jobs.
Busquets opened a boutique named Cabus in Caracas, Venezuela in 1990. With returns from technology stocks that she sold prior to the 2000 "dot-com" crash, she became a co-founder and founding investor in Net-a-Porter after meeting founder Natalie Massenet. Busquets also had a belief Net-a-Porter would be successful having previously sold luxury fashion to clients via photographs through her boutique, Cabus in the pre-internet age.
Net-a-Porter's sale to Compagnie Financière Richemont in 2010 netted Busquets over 16 times her initial investment. In 2012, Busquets founded Cabus Venture, a dedicated investment vehicle to finance entrepreneurs within the luxury and fashion community and commerce offerings. She was an early investor in New Age pioneer Deepak Chopra in the 1980s. Busquets is known as a vocal proponent of sustainability, focussing on impact investment and sustainable businesses.
Busquets' current portfolio includes Moda Operandi, Farfetch, Lyst, The Business of Fashion, Cult Beauty, FLOWERBX and Tagwalk.