Dollar Shave Club, the men’s grooming startup that sells razor delivery subscriptions to more than three million people, has been acquired by consumer goods giant Unilever, the company just announced.

Unilever paid $1 billion in cash for the Venice, Calif.-based company, according to two people close to the startup. Fortune first reported the size of the deal.

Read the full article at:

Discover the 2012 video, a great moment 🙂