Poshmark And The Rise Of The Resale Market
Poshmark, the multisided platform for buying and selling fashion and accessories, has set an IPO price range of $35-$39, according to its S-1/A filing. At the top of that range, the business will raise $257.4 million. The company will trade under the ticker, POSH, on the Nasdaq Global Select Market. Q3 2020 hedge fund letters, conferences and more The Business ModelPoshmark is a matchmaker, bringing together vendors and buyers of fashion and accessories on its multi-sided platform. Vendors and customers experience network effects which manay analysts and the company itself, are hoping will lea...