The RealReal revenue rose 82% to $105 million in the second quarter of the year. This marks the highest quarterly increase in revenue for the luxury used goods seller since before the pandemic. The firm, which lets customers buy and sell high-end apparel and footwear on its site and in stores, also said losses widened to $71 million, up from $43 million a year prior. Shares fell nearly 7% after...
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The Overlapping Galaxies of Delian Asparouhov
Delian Asparouhov, newly minted Founders Fund partner and co-founder of Varda Space Industries, is obsessed with speed. As a hobby, he’s getting his pilot’s license, hoping to eventually fly a fighter jet. On the ground, he prefers to listen to audiobooks at triple the normal tempo. And when he started Varda in late 2020, he set a moonshot goal: Launch one of its meter-wide...
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