S4 E4: Walmart Sells Bonobos/Facebook Shops/Glossier’s New Site
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The Importance of Market Timing
A year ago, Lulu lemon raised $100 million at $1.9 billion valuation. Now in April 2023, they raised $130 million at a $445 million valuation. So like the pelletons of the world, like, you know, these sort of fell off of a cliff. They're not doing well. Really makes me think about how important market timing is.
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