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Well now you know how Whatnot blows through $485M.

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Post# of 33005
(Total Views: 353)
Posted On: 07/28/2022 7:04:17 PM
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Posted By: redspeed
Well now you know how Whatnot blows through $485M...

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.


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