The RealReal’s Julie Wainwright reveals IPO plans.

NEW YORK — Though some brands (for whom an IPO is merely a matter of time and an obvious next step) are frustratingly tight-lipped and coy about their intentions to go public, The RealReal’s CEO Julie Wainwright is forthright on the matter.

Lucky for us, not all brands on this track are as elusive on this subject as, say, Warby Parker’s founders tend to be. This certainly goes for Wainwright. “We really aren’t in the mood to sell the business, we’re in the mood to go public at some point in the future,” she told TechCrunch’s Katie Roof just a few days ago. Succinct and very straightforward. That gets a Lean Luxe nod of approval.

To catch you up to speed: Her comments come fresh after the announcement of the company’s first permanent luxury consignment store coming this fall in New York, and on the back of the brand’s $50M round of private equity just last month from Great Hill Partners. So far, the brand has raised a total of $173M in investment capital.

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