Last month, GOAT achieved a $1.75 billion USD valuation, putting it in the company of the likes of its competitor StockX, which earned a $1 billion USD valuation last summer. But while the big B does have an impressive ring to it -- and the number can earn a company the coveted unicorn status -- such a figure doesn't necessarily translate to profits, nor does it prevent a company from laying off large swaths of employees when times get tough.So how do those values get tallied up, and why do we c...
How Much Is Your Favorite Streetwear Company Worth? It All Comes Down To Hype
Hypebeast - 26 Oct 2020 18:09
Last month, GOAT achieved a $1.75 billion USD valuation, putting it in the company of the likes of its competitor StockX, which earned a $1 billion USD valuation last summer. But while the big B does have an impressive ring to it -- and the number can earn a company the coveted unicorn status -- such a figure doesn't necessarily translate to profits, nor does it prevent a company from laying off large swaths of employees when times get tough.So how do those values get tallied up, and why do we c...
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