What do Leonardo DiCaprio, Tobey Maguire, Adam Levine, and Scooter Braun all have in common? They are poised to lose 19% from their investment in Casper.
Casper Sleep’s (CSPR) IPO is being pitched at a range of $17 to $19. At the midpoint, that’s a 19% discount to its June 2015 funding round, and a 37% discount to its 2017 and 2019 Series C and D rounds, adjusting for a small anti-dilution provision. Meanwhile, investors in the 2014 Seed round...
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Read about how Casper stacks up to close rival Purple (Nasdaq: PRPL).
Read about why Casper chose now to go public.