The Outdoor Voices news is bonkers $40M in rev Losing $2M/mth?? Id love to see the pro-forma for the last round and where they missed. Overestimated LTV? Assumed CAC holding over time? Expected distribution that never came? What on earth were they spending so much money on?
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Replying to @lordmichaeld
Would love to see the whole opex. It just makes no sense.
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Replying to @TaylorHoliday @lordmichaeld
Where’d you find this data? Couldn’t find a link
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Replying to @TaylorHoliday @lordmichaeld
Thanks missed the staggering 36 million dollar loss on 40 million in sales. So bad it’s impressive!
11:32 AM - 22 Feb 2020
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