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Casper CEO's obsession with a $1 billion 'unicorn' valuation reportedly derailed 3 potential buyouts

13 days ago   |   By Business Insider

Casper CEO Philip Krim's obsession with securing a $1 billion "unicorn" valuation derailed three potential buyouts of the online mattress seller, according to the New York Post .
The startup, which filed to go public last week, discussed a sale with Tempur Sealy and Serta Simmons last year, but both mattress retailers walked away when Krim refused to budge on price, the newspaper reported.
"Casper never pursued a sale in 2019," a company spokeswoman told the New York Post.
Casper reportedly held sale talks with Target in 2017, but the retail giant ended up taking a minority stake, possibly...
Read more ...

 

Casper CEO's obsession with a $1 billion 'unicorn' valuation reportedly derailed 3 potential buyouts

Casper CEO's obsession with a $1 billion 'unicorn' valuation reportedly derailed 3 potential buyouts

13 days ago   |   By Business Insider

Casper CEO Philip Krim's obsession with securing a $1 billion "unicorn" valuation derailed three potential buyouts of the online mattress seller, according to the New York Post .
The startup, which filed to go public last week, discussed a sale with Tempur Sealy and Serta Simmons last year, but both mattress retailers walked away when Krim refused to budge on price, the newspaper reported.
"Casper never pursued a sale in 2019," a company spokeswoman told the New York Post.
Casper reportedly held sale talks with Target in 2017, but the retail giant ended up taking a minority stake, possibly...
Read more ...

 


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