Goop Isn't Making Any Money, in $1.2 Million Debt
2014.04.22
Documents obtained by Radar suggest that Goop.com, is in some serious trouble. They're not making money, and they are in debt. Gwyneth Paltrow's site is spending more than it actually makes.
1. In 2012, it spent £932,096, but only made £932,096. Or in 2011, when they only made £64,484 but spent £216,544.
2. Gwyneth and former CEO Sebastian Bishop gave themselves personal interest-free loans, to the tune of nearly £80,000. Sebastian has paid back about £13,000, and Gwyneth has paid back £0.
3. Despite losing more money than a toothy hooker at a blowjob convention, Gwyneth and Sebastian the Cash Crab gave themselves giant raises, going from £102,788 to £350,000.
Will Goop go under soon? What do you think?
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