3 ms·
$160M in funding. Is that a typo?
by jwtnb 5y ago
$160M in funding. Is that a typo?
- 55555 5y agoProbably not. Lots of funding going into buying ecom brands and amazon brands and rolling them up.
- cjisakow 5y agoNot a typo though we haven't announced it yet, whoops....
- kall 5y agoProbably not, there are huge rounds of funding going into these companies in europe right now, like SellerX, Razor Group, Berlin Brands Group etc (and Thrasio in the US). Most if them are focused on amazon FBA which I honestly don‘t understand. This generic approach sounds better to me.
- tptacek 5y agoIt sounds high, but their business model involves them buying established revenue streams, right? Their use of funds is less speculative than a typical software company?
- bambax 5y ago"funding" can mean many things. It could be debt.