Markets

Casper shares pop as much as 32% in trading debut

Casper shares popped as much as 32% in its first hour of trading on the New York Stock Exchange. The jump comes after the company slashed its initial offering price to $US12, the bottom of its price range and down from an earlier range of $US17 to $US19. Casper’s IPO […]
Casper shares pop as much as 32% in trading debut
Markets

Casper Sleep slashes the price range for its planned IPO

Casper, the online mattress company planning to go public, slashed its target share price range, according to a Wednesday filing. The new price values Casper at a fraction of the $US1.1 billion private markets valued it at in its most recent funding round. The startup has marketed itself in its […]
Casper Sleep slashes the price range for its planned IPO
Tech

The 6 most surprising and unusual takeaways from Casper’s IPO filing

Mattress startup Casper filed to go public last week. Its IPO paperwork contained a few surprising takeaways about how Casper views its business and the sleep market in general. For example, the company hinted that it may invest in other categories like medical devices or pajamas. It also lists social […]
The 6 most surprising and unusual takeaways from Casper’s IPO filing
Tech

30 companies worth at least $1 billion that didn’t exist 10 years ago

The tech landscape looks completely different today than it did at the beginning of the decade. Numerous tech companies that didn’t even exist before 2010 joined the ranks of the unicorns in 2019, reaching the vaunted benchmark of a $US1 billion valuation. Some of the young companies to reach unicorn […]
30 companies worth at least $1 billion that didn’t exist 10 years ago
News

Startups like Everlane and Allbirds are turning this once-struggling real-estate market into a hotbed of retail activity, and now Amazon is joining in

Amazon recently opened its newest store concept, Amazon 4-star, in SoHo. It’s the latest of several e-commerce-focused retailers to open up shop in that neighbourhood, including popular retail startups Allbirds,Everlane and Casper. SoHo has become a place where e-commerce companies can test out their brick-and-mortar strategies. According to Nicole LaRusso, […]
Startups like Everlane and Allbirds are turning this once-struggling real-estate market into a hotbed of retail activity, and now Amazon is joining in