Well now you know how Whatnot blows through $485M.
Post# of 32626
Post Malone and Whatnot Offering $100K Prize for Live Magic: The Gathering Battle
https://www.iqstock.news/n/post-malone-whatno...e-4295854/
If Verb blew $100K, you know who would be outraged. Difference between a private and a public company
The Week’s 10 Biggest Funding Rounds: Whatnot Goes Big; TAE Powers Up With $250M - July 22, 2022
" Whatnot said it grew sales more than 20x year over year last year , and more than tripled its monthly sales thus far in 2022. Founded in 2019, the company has raised nearly $485 million, according to Crunchbase data."
https://news.crunchbase.com/venture/biggest-f...%20sales,2.
These companies never really say what sales are.
Of they are low, it's easy to do 20x. I actually don't think they are low which is good for Verb as it shows how the demand is there and more importantly the acceleration.
I bet Verb is a lot closer to profitability than Whatnot give the insane amounts they are raising.