Jan 22, 2020
5 min read
No Mercy/No Malice
Casper Should Not Go Public
If it does, the stock will shed 30%+ in the first year
In 2015, one of my students asked me to invest in his business. He was sourcing cotton in Egypt, milling it in Israel, and then landing a set of sheet sets, duvets, and pillows in Brooklyn for $79 that he would sell for $129. The value proposition was clear: bedding…
