Casper is no longer a unicorn after pricing its IPO at $12 a share - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

Casper prices its IPO at $12 a share, giving it a valuation of $490 million, confirming that it's no longer a unicorn

At that price, the company will raise as much as $115.2 million in the offering, before fees, which is far less than it was previously expecting. As recently as last month, the company expected to raise as much as $182.4 million, before fees.

Casper had already indicated that public investors were more skeptical of its money-losing business than its venture backers were. The company initially said it expected to price its IPO at between $17 and $19 a share. Even it had priced its offering at the top of that range, Casper— below its private market valuation.

Casper is one of more than 400 so-called unicorns — private, venture-backed companies with a valuation of more than $1 billion. It's only the latest to run into problems with public investors.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

techinsider I mean, at that price I kinda wanna buy that shit

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 729. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Casper Sleep slashes the price range for its planned IPO - Business InsiderIt's a fraction of the $1.1 billion valuation private markets gave Casper in its last funding round.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »