Almost a 100 million bucks for "society6"?
I looked at the society6 website and saw absolutely nothing worth anywhere near 100 million.
There are at least a half dozen similar websites -- all of which look as though they were thrown together with a minimal amount of capital input.
They all sell the same stuff -- hoodies, posters, etc -- and all basically look the same.
No wonder the market had such a negtive reaction.
Can you post the half dozen similar websites?
Sweetrelish, fred flarem, convient gadgets and gifts, wayfair holycool, netaporter, pedlars, a plus r , dering hall, one kings lane
Long-Term Sentiment Disclosure:
no position presently but have been looking
own Amazon and a few of the above are past clients