Casper Sleep reported a 3.3% drop in revenue to $123.5 million in the third quarter, compared to the year-earlier period. The decline was due in part to the closure of its European operations last quarter, although the company also blamed the pandemic for the decline. Casper CEO Philip Krim said in a press release that “many of our core mattresses were out of stock on our website for weeks at...
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The Weekend culture policy
What a Brazilian Steakhouse Says About the Tech Economy
Hi, welcome to your Weekend.One of my favorite tech memes is the “We’re so back” post, the kind that pokes fun at the industry returning to the good old days of expensive perks and wine-soaked dinners.I had a real-life “We’re so back” moment this week when I attended a bacchanalian feast thrown by Bain Capital Ventures at Fogo de Chão in San Francisco. Bain Capital’s private equity arm...
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