Something is out of whack...but maybe not for too
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Posted On: 07/30/2021 7:46:29 PM
Something is out of whack...but maybe not for too much longer
Popshop Live Announces Series A from Benchmark to Accelerate Livestream Commerce
"LOS ANGELES--(BUSINESS WIRE)--Popshop Live, a livestream shopping community, today announced it raised a Series A funding led by Benchmark and valued at $100M ..."
They only have 5,000+ downloads, 60 reviews and a app rating of 2.4 on Google, but valued at $100M and that is Series A.
If they are valued at $100M, you can figure out what Verb 'should' be valued at with 2M+ downloads, a number of products, actual revenue, etc.
What you may start to realize is any company that has live ecommerce, even a tiny startup, will have a very high valuation because of the success China has had with it.
Verb's marketplace coming in 2021...
https://www.businesswire.com/news/home/20210708005596/en
Popshop Live Announces Series A from Benchmark to Accelerate Livestream Commerce
"LOS ANGELES--(BUSINESS WIRE)--Popshop Live, a livestream shopping community, today announced it raised a Series A funding led by Benchmark and valued at $100M ..."
They only have 5,000+ downloads, 60 reviews and a app rating of 2.4 on Google, but valued at $100M and that is Series A.
If they are valued at $100M, you can figure out what Verb 'should' be valued at with 2M+ downloads, a number of products, actual revenue, etc.
What you may start to realize is any company that has live ecommerce, even a tiny startup, will have a very high valuation because of the success China has had with it.
Verb's marketplace coming in 2021...
https://www.businesswire.com/news/home/20210708005596/en
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