In this episode, Jay and Ramon discuss Casper’s IPO launch and how it’s been built on influencers. Casper is the first company to mention in their S-1 filing that influencers adversely affect the brand and subject them to penalties. Despite receiving a $1 billion valuation, the company is losing money. How will they fare in the public market?
In this episode, Jay and Ramon discuss Casper’s IPO launch and how it’s been built on influencers.
Casper is the first company to mention in their S-1 filing that influencers adversely affect the brand and subject them to penalties.
They are also the most recent money-losing “unicorn” to go public. We’ve seen it with Uber and Lyft, both of which haven’t gone so well.
It’s incredible that Casper reached a $1 billion valuation, sometimes selling themselves as a tech company with an app, podcast ads, and more.
How will they fare in the public market though?
As of this podcast publishing, Casper’s stock has already dropped almost 20% from its initial list price.
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