[HN Gopher] ThredUp S-1 IPO
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       ThredUp S-1 IPO
        
       Author : marc__1
       Score  : 11 points
       Date   : 2021-03-03 21:58 UTC (1 hours ago)
        
 (HTM) web link (www.sec.gov)
 (TXT) w3m dump (www.sec.gov)
        
       | nknealk wrote:
       | The offer letters to key executives dated 2019 contain the
       | following. Looks like they were doing flexible work long before
       | COVID hit:
       | 
       | "We currently offer all salaried, SF-based employees to work from
       | anywhere they want on Tuesday and Thursdays and do not need to be
       | present in the office."
        
       | bagels wrote:
       | Our net loss was $47.9 million in 2020
        
         | ketamine__ wrote:
         | Predictions?
        
         | OldHand2018 wrote:
         | My wife sells stuff on ThredUp from time to time. As far as
         | ease of use goes, it's the best of them.
         | 
         | However, the turnaround time has gone to hell. You can ship
         | them a box of clothes and they won't open it for 6 months. An
         | ever-increasing net loss _and_ they can 't keep up? Not a good
         | thing. They better figure this out.
        
           | ketamine__ wrote:
           | The hedge fund guys just went down to the basement to look
           | for a box.
        
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       (page generated 2021-03-03 23:01 UTC)