Fortune: YouTube celebrity Michelle Phan’s startup Ipsy, which sells monthly subscriptions to “Glam Bags” full of beauty products, has raised $100 million in Series B funding from TPG Growth and Sherpa Capital. The company did not disclose its valuation, but sources familiar with the situation said the round values the company around $800 million. Most people in the startup world haven’t heard of Ipsy, but everyone in the beauty industry has.