4.6 • 1.3K Ratings
🗓️ 10 November 2023
⏱️ 7 minutes
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0:00.0 | Here's the deal right now. |
0:00.9 | GameStop just bought Phase Clan for $17 million, |
0:04.4 | which was valued at $725 million. |
0:06.7 | It actually went public like a year or two ago. |
0:09.3 | Better.com, which is the one where you can get home mortgages, |
0:12.4 | 97% down, if you look at the stock. |
0:15.2 | And then, Neil, you can talk about this one. |
0:17.0 | So Hopin, they sold for $15 million, |
0:22.4 | and they're they previously raised $1 billion. How much did the |
0:27.2 | founder take in secondary on that one Neil? |
0:29.0 | $140 million good for the founder you ended up making up some cash even though the |
0:34.4 | business didn't work out props to you yeah and then another one hello bello is |
0:38.9 | one it's a diaper company that was founded by two celebrities I don't know if you use it for your kids |
0:43.7 | Neil but these people so hello bellow this is interesting because um they |
0:51.9 | those Chris founders hyper company. |
0:54.0 | Yep, yep. So the two founders have like 20 million social media |
0:58.0 | followers combined and they actually hired an executive that helped |
1:01.0 | found the honest company I believe which is |
1:02.9 | Jessica Alba's company which went public which I don't believe is doing well right |
1:06.3 | now either but what ended up happening was they launched the first year they did |
1:10.7 | 80 million in revenue and then the second year I think they're on track for like |
1:14.3 | 180 million or something like that but you know their liabilities caught up to them and then they |
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