Online mattress retailer Casper on Thursday reported 13% year-over-year revenue growth for the first quarter of the year and inched a little closer to profitability. The New York-based e-commerce brand, which went public last February, brought in $127 million in revenue in the first quarter, up from $113 million in 2020. On a Thursday conference call with analysts, CEO Philip Krim said Casper...
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The Briefing markets startups
Forget the IPO Window. Watch for More M&A
Here’s some food for thought about initial public offerings. Yesterday I asked Brex co-CEO Henrique Dubugras when he thought the IPO window would open. His fintech company, after all, is one of many that could be beating down that door. Having raised $1.5 billion in funding, Dubugras said the company has a plan to break even off its existing funding. When I ask the IPO question, I usually...
China’s Last-Mile-Delivery Giant Files for Hong Kong IPO
Judge Sides Against Google on Claims It Deleted Records
Google Strikes Deal With Replit in Challenge to Microsoft
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