January 25, 2021

Day: January 14, 2021

Poshmark Inc., the online marketplace for secondhand goods, will start trading Thursday, the latest e-commerce site to tap the buoyant initial public offering market as the coronavirus pandemic continues to squeeze bricks-and-mortar stores.

Poshmark said it priced its IPO at $42 a share, giving the company an initial valuation of more than $3 billion. The shares priced above the target range of $35 to $39. The business was valued at $1.25 billion in 2019. Poshmark declined to comment, citing a regulatory quiet period ahead of its IPO.

A number of digital marketplaces, including Poshmark, reported more people selling goods in

Read More ...

It is not unusual for enterprise homeowners struggling by way of a cash movement crunch to find out that bringing on an equity associate or investor, corresponding to a venture capitalist or angel investor, will remedy all their problems. The requirement of fastened capital will increase with the scale of business akin to; railways, oil refineries, hydro and thermal energy initiatives, and so forth. require extra mounted capital. Therefore, we will say that fixed capital consists of mounted and intangible belongings. (iv) Seizing of Collateral: If the business fails to pay interest on capital amount of loan the bank could … Read More