Casper CEO: 'I'm excited to see the IPO market is doing well'

  • 📰 CNBC
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The public markets have been 'hot' this year, but Casper CEO Philip Krim isn't saying if his company is going to jump aboard.

The public markets have been"hot" this year, but Casper CEO Philip Krim isn't saying if his company is going to jump aboard.

Krim said"no comment" when asked about a Reuters report that Casper is seeking to hire underwriters for an initial public offering. Reuters cited people familiar with the matter. Casper — whose investors include actor Leonardo DiCaprio, rapper 50 Cent and retailer Target — recently announced it has raised $100 million in funding, bringing its value to $1.1 billion.

"The public markets have certainly been hot this year, for sure," said Krim."When I think about it for Casper, we are building a generational brand in business, and so we look at public markets as something that could be down the road for us. But right now we are focused on building the business, taking some great products to market."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Wow, what do u know, another slimy fro, with brown eyes and beady glasses. Never ends the Greed

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Pinterest’s IPO structure could give CEO Ben Silbermann the right to control the company from beyond the graveWhen Pinterest goes public, it will have a dual-class structure which gives select shareholders greater voting rights — including the founder's heirs after his death.
Source: BusinessInsider - 🏆 729. / 51 Read more »

AT&T CEO says Huawei needs to be 'interoperable' in Europe, where it controls the marketAT&T's CEO said European countries should push Huawei to make its high-speed networking equipment work with gear from competitors. EU too small for China ambitions. Or just ban it and remove their 'shoddy' gear from wherever it is installed! BoycottPRC The world only needs their CCP general to stop campaigning for nationalist in the free world🙄💸
Source: CNBC - 🏆 12. / 72 Read more »