GOAT: Building A $10 Billion Business
Sneaker resale app GOAT raised $195 million yesterday, valuing the business at $3.7 billion — up from $1.75 billion last September
Friends,
Less than a decade ago, the sneaker industry and secondary market were seen as a subculture, a small group of enthusiasts and collectors that hung out on the dark corners of the internet.
But in the years since, it has transformed into a $30 billion market driven by superior technology, increased transparency, and even artificial intelligence.
GOA…