While some brands — for whom an IPO is merely a matter of time and an obvious next step — are tight-lipped and coy about their intentions to go public, The RealReal’s CEO Julie Wainwright is forthright on the matter.
In the midst of turmoil for peers Paddle8 and Auctionata, online art auction house Artsy just raised a $50M Series D.
None of the recent turmoil that’s affected fellow online art auction houses Paddle8 and Auctionata has seemed to dim Artsy’s outlook, and investors seem to be anything but nervous about its prospects.
At this point, at least in terms of valuation and momentum, it’s easy to argue that Care/of is currently king of the hill in the new emerging premium supplements and vitamins space.
The leaked financials answer our biggest question about Rapha: Why exactly are their margins – £1.1M ($1.4M) on £48.8M ($62.1M) revenues for 2016 – so small? (998 words)