Casper Expects IPO Valuation To Fall Far Lower Than $1B
PYMNTS
JANUARY 27, 2020
forecasts that its initial public offering (IPO) valuation will be far under the approximate $1 billion it had for its most recent funding. Public market investors have historically expected firms to make a profit within around 18 months of an offering. However, investors have been willing to tolerate losses in light of fast growth.
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