Description: D2C clothier Rent The Runway’s active subscribers and revenue plunged as a result of remote work and restricted social gatherings. Now the company is taxiing for takeoff in an initial public stock offering aiming for a valuation of between $1.24 billion to $1.46 billion, according to a revised Securities and Exchange Commission filing on Monday.

Source: MediaPost.com

Date: Oct 20, 2021

Link: https://www.mediapost.com/publications/article/367908/d2c-clothier-rent-the-runway-taxis-for-public-offe.html?utm_source=newsletter&utm_medium=email&utm_content=headline&utm_campaign=124027&hashid=7T9TCmQZSDGbnu-424RuBQ

Questions for discussion:

• What do you think of the business model and the valuation presented to investors?
• What are the risks and benefits associated with this business?
• Would you be a an investor?