In his role as an Executive-in-Residence, Chesney advised Greylock’s early-stage consumer-focused businesses looking to scale. Prior to Greylock, Mr. Chesney was Vice President of eBay’s Buyer Experience team, overseeing the fashion, technology, media and home verticals. He had previously led eBay Motors as Vice President and General Manager.
As we wrote in our previous coverage on Trunk Club, the startup allows men to hire a personal stylist who will curate and pick clothing for them.
The customer can sign up via the website, pick preselected looks, and answer a small questionnaire with questions like “where do you shop right now?,” “what’s your favorite item in your closet,” sizes, price and color preferences and more. A stylist will then call/contact the customers via their preferred method of communication. Once the stylist gets an idea of the customer’s style, he or she will send a “trunk,” of clothes and ship out via Fedex a handpicked collection of shoes, pants, shirts, and more. You keep what you like and send back what doesn’t fit.
For Trunk Club, Chesney will help the company continue to expand. As COO, Chesney will oversee customer acquisition efforts, help develop the technology platform, and streamline operations for sales and fulfillment.
Trunk Club is definitely seeing traction amongst users. Revenues grew over 500 percent year-over-year to a projected $5.5 million for 2011. Company headcount also grew to over sixty employees, up from sixteen at the beginning of the year. Trunk Club recently raised $11 million in new funding.