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.
Date: Oct 20, 2021
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?