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Poshmark Files For IPO After Posting Record Profits

PYMNTS

Secondhand eCommerce platform Poshmark filed for an initial public offering (IPO) after posting more than $30 million in profit across two consecutive quarters. “We We only recently became profitable and have experienced net losses. The Silicon Valley startup posted a net loss of $14.5 million last year.

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To NPV or Not to NPV: That Is the Question

Fpanda Club

oracle Aesop formulated his investment insight "a bird in the hand is worth two in the bush" and since that time the model for calculating the value of an asset as the present value of the cash generated by this asset throughout its life has remained unchanged. In about 600 B.C. and help identify most probable outcomes.

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Online Health Startup Ro Raises $200M On $1.5B Valuation

PYMNTS

Online health startup Ro is valued at $1.5 The company, which began in 2017 as a way to sell hair loss supplements, has branched into a number of health apps that work to generate around $250 million per year, not counting the insurance, according to CNBC.

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Gojek, Grab Renew Merger Talks With SoftBank’s Support

PYMNTS

Shareholders, including Japan-based SoftBank , which first invested in Grab six years ago and in several later funding rounds, have urged the startups to return to the table, FT reported. But Gojek has proved a resilient rival. As a result, sources told FT Son is now among the biggest champions of a merger.

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SoftBank Shareholders Push For Grab, Gojek Deal In Indonesia

PYMNTS

In the past 18 months, both startups were vying for new customers, especially in Indonesia, the world’s fourth-most populous country and the most profitable market for the two firms. Part of the tension is due to SoftBank’s pressure to justify tech startups after the WeWork debacle last year. .

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What is a pro forma balance sheet?

CFO Share

As a startup founder, you can use pro forma balance sheets to manage and plan for your future assets. A potential investor in a start-up is going to analyze pro forma balance sheets to calculate their potential return on their investment. You can create a pro forma on your own to better learn your numbers.

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Beyond WeWork, The Vision Fund’s Bumpy Bets On Tech Disruption

PYMNTS

As far as investments go, SoftBank’s Vision Fund’s recent bumps and bruises, and the state of many of its once high-flying holdings, bring to mind that scene in a long-ago Monty Python movie focused on the Holy Grail. In that film, the plague has struck, and the carts are in the streets collecting the bodies…. Bring out your dead.”.