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Casper's task now is to convince prospective investors that the company can ... officer, moves likely intended to strengthen its corporate governance...
They are not the profile of a company that has recently succeeded in the IPO market.
Purple has an enterprise value-to-sales of about 1.5x.
We need to see products from Casper beyond bedding and mattresses that really enable quality sleep.
If you just raise another [venture] round, you're just prolonging challenges.