Exclusive: Online mattress retailer Casper to hire IPO underwriters - sources

  • 📰 Reuters
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 97%

United States Headlines News

United States Latest News,United States Headlines

Online mattress retailer Casper, valued at $920 million in 2017, is looking to hire underwriters for an IPO, sources say

- Casper Sleep Inc, the U.S. online mattress retailer whose investors include actor Leonardo DiCaprio and rapper 50 Cent, is seeking to hire underwriters for an initial public offering , according to people familiar with the matter.

New York-based Casper, which was valued at $920 million in its latest private fundraising round in 2017, is planning to interview investment banks in April to hire underwriters for its IPO, the sources said, asking not to be identified because the matter is confidential.Launched in 2014, Casper is one of a string of online mattress retailers, such as Purple, Nectar Sleep and Tuft & Needle, that have squeezed the industry’s old players.

Led by its co-founder Philip Krim, Casper made its name by selling one “universally comfortable” type of memory-foam mattress, as opposed to offering different firmness options and designs. It now sells three different types of mattresses. If it goes ahead with the IPO plans, Casper would be the latest high-profile consumer company to debut in the stock market this year.

 

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

I’m long

The at home 'trial period' is a landfill nightmare when you have a state that doesn't do used bedding resale. Most online retailers tell customers to junk it or donate it (most places can't accept it). They'll crash hard if a few states take action against junking new stuff.

jsmian is it market peak?

Didn’t a mattress company just file Bk?

Can’t wait to short this

Short

.yashar, how often do you buy new mattresses? Serious question.

Mattresses? Lols oh sorry 'online' mattresses

Valued at how much!? 😳

Signs of a bubble? I certainly don’t see any from the comfort of my Casper bed ™️

Peak economy

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:

 /  🏆 2. in US

United States Latest News, United States Headlines

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

Wayfair Is Latest Online Seller to Go Bricks and MortarOnline furniture retailer Wayfair plans to open its first physical retail store, the latest online brand to expand the way it reaches consumers by integrating the online and in-person shopping experience. shireenhijaz We were just talking about this! isuruayw I need a tuxedo cat to go with my subscription. Well-played.
Source: WSJ - 🏆 98. / 63 Read more »

Would You Buy a Luxury Watch Online?As websites like Mr Porter and the Real Real build out their luxury watch sections, buying high-value timepieces on the internet has become more commonplace. Is time matter, energy or simply an illusion? Only Vedas answer the question! Scientists too agree with the Vedic assertion that we make time & not the other way! Time runs fast for a student writing an exam but slow for the invigilator! So buy more illusions from a luxury watch! Don’t do that . Rolex requires a lot of maintenance and people don’t spend the money. Rolex dealer will change well over five bills and higher. Use extreme caution on line purchase. To many fakes Best time piece, Rada, Omegas are great . The best one I like, the Presidential, named after looser president , LBJ
Source: WSJ - 🏆 98. / 63 Read more »

Hundreds of South Korean hotel guests were secretly filmed and live-streamed onlineHundreds of hotel guests in South Korea were secretly filmed and live-streamed online. Cameras were hidden inside digital TV boxes, wall sockets and hairdryer holders, police say. “sally walker” by iggy azalea is now available: • spotify: • itunes/apple music: • youtube: Disgusting. What type of hotel would film their guests & who would watch online? This is disgusting.
Source: CNN - 🏆 4. / 95 Read more »

EU fines Google 1.49 billion euros in advertising caseEuropean Union regulators have hit Google with a 1.49 billion euro ($1.68 billion) fine for abusing its dominant role in online advertising. It's the third time the commission has slapped Google with an antitrust penalty, following multibillion-dollar fines resulting from separate probes... That's chump change for Google. EU must need money Welcome to Socalism
Source: ABC - 🏆 471. / 51 Read more »

The Federal Courts Are Running An Online Scam - POLITICO MagazineThe website everyone uses to follow the Mueller probe is a hopeless, costly disaster. Who's writing your headlines these days? Trump? The irony. lmao at non lawyers finally discovering the incredible frustration of dealing with PACER.
Source: politico - 🏆 381. / 59 Read more »

Forbes Media - Jobs: Social Media Editor - Apply online\u003cp\u003eForbes is looking for a \u003cstrong\u003eSocial Media Editor\u003c/strong\u003e to join the audience development team in our Jersey City, NJ, office. The position, reporting into the Senior Social Content Manager, will work across the company with various stakeholders to execute social campaigns across various platforms. In addition to joining a high performing team, you would be joining a passionate and engaged culture that celebrates:\u003c/p\u003e \u003cul\u003e \u003cli\u003eEntrepreneurship: Freedom to innovate, identify new opportunities and pursue passion projects \u003c/li\u003e \u003cli\u003eCareer Development: Formal mentorship program, industry conference attendance and speaking opportunities\u003c/li\u003e \u003cli\u003ePositivity: Emphasis on positive communication, transparency and team building\u003c/li\u003e \u003c/ul\u003e \u003cp\u003eResponsibilities: \u003c/p\u003e\u003cul\u003e \u003cli\u003eOwn all new social media projects related to digital campaigns and initiatives\u003c/li\u003e \u003cli\u003eManage social strategy for new ventures across sub-accounts related to specific beats\u003c/li\u003e \u003cli\u003eLead Facebook Messenger project with outside vendors and editorial team\u003c/li\u003e \u003cli\u003eAssist with writing and editing copy for social networking platforms\u003c/li\u003e \u003cli\u003eWork with other social editors on cross promotional efforts\u003c/li\u003e \u003cli\u003eOversee content partnerships with social news sites and news aggregation apps\u003c/li\u003e \u003cli\u003eCollaborate with the performance marketing team to help amplify social reach\u003c/li\u003e \u003c/ul\u003e \u003cp\u003eRequirements: \u003c/p\u003e\u003cul\u003e \u003cli\u003e3-4 years previous social media and journalism experience.\u003c/li\u003e \u003cli\u003eNewsroom experience a plus\u003c/li\u003e \u003cli\u003eFluent on all social media platforms\u003c/li\u003e \u003cli\u003eFlourishes in a fast-pace environment \u003c/li\u003e Beautiful Jersey City, eh? What about Nigeria, Lagos, Abulegba.
Source: Forbes - 🏆 394. / 53 Read more »

Amazon rules the product search processOnline shoppers are relying heavily on Amazon throughout the shopping process, according to a report from Feedvisor. Of course. Transparency revolutionizes the world.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Forbes Media - Jobs: Social Media Analyst - Apply online\u003cp\u003eForbes is looking for a \u003cstrong\u003eSocial Media Analyst\u003c/strong\u003e to join the Audience Development team in our Jersey City, NJ, office. The position, reporting into the Director of Social Media, will work across the company with various stakeholders to deliver reports from editorial and sales initiatives. In addition to joining a high performing team, you would be joining a passionate and engaged culture that celebrates:\u003c/p\u003e \u003cul\u003e \u003cli\u003eEntrepreneurship: Freedom to innovate, identify new opportunities and take on responsibilities\u003c/li\u003e \u003cli\u003eCareer Development: Formal mentorship program, industry conference attendance and speaking opportunities \u003c/li\u003e \u003cli\u003ePositivity: Emphasis on positive communication, transparency and team building\u003c/li\u003e \u003c/ul\u003e \u003cp\u003eResponsibilities:\u003c/p\u003e\u003cul\u003e \u003cli\u003eBe the point of contact for all social reporting related to editorial initiatives, sales campaigns and events. \u003c/li\u003e \u003cli\u003eManage vendor relationships and communicate platform updates and algorithm changes to the team. \u003c/li\u003e \u003cli\u003eDeliver weekly and monthly reports to the team and other stakeholders within the organization. \u003c/li\u003e \u003cli\u003eLead weekly stand ups which will include learnings, recommendations, and strategic approaches.\u003c/li\u003e \u003cli\u003eWork with trending news platforms to inform daily publishing strategy \u003c/li\u003e \u003cli\u003eFollow competitors to provide competitive analysis on a daily and weekly basis. \u003c/li\u003e \u003c/ul\u003e \u003cp\u003eQualification:\u003c/p\u003e\u003cul\u003e \u003cli\u003e3+ years of experience with social media analytics \u003c/li\u003e \u003cli\u003eFluent in Sprinklr and Google Analytics\u003c/li\u003e \u003cli\u003eFamiliarity with all social media platforms \u003c/li\u003e \u003cli\u003eStrong communication, organizational an chemicalbrodar SexyMadamz thepamilerin DaddyTheBoy _valkiing iSlimfit OgbeniDipo petrolafrica1 Tip 1: The image attached to this lede (showing just the breast of the subject) is in poor taste from ANY perspective; Tip 2: I was w/o WiFi today briefly, but DID have my TWTR feed loaded in memory. Forbes' habit of posting images w/o accompanying text= MAJOR FAIL.
Source: Forbes - 🏆 394. / 53 Read more »