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…