Last month, clothing delivery company Stitch Fix filed for its long-awaited IPO, revealing healthy financials and putting a spotlight on what’s likely to be a significant payday for its backers.
The ecommerce industry has frequently proven to be a solid bet for VC investors, with companies such as Bonobos, Dollar Shave Club and Jet securing major exits in recent years. The next batch of highly valued startups in the space could pay out big, as well.
We took a look at the most valuable retail-oriented ecommerce companies in the US, per the PitchBook Platform:
Canyon Profits On Covid Crisis Refinancings
Canyon Partners' Canyon Balanced Funds returned -0.91% in October, net of fees and expenses, bringing the year-to-date return to -13.01%. However, according to a copy of the firm's investor correspondence, which ValueWalk has been able to review, the fund quickly bounced back in November, adding 7.3% for the month. Net of fees, the letter reported, Read More
Article by Dana Olsen, PitchBook