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Faire eyes IPO within 12 months, CEO says

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Faire, the online wholesale marketplace, is eyeing a potential IPO within the next 12 months, CEO Max Rhodes told Fortune. The company was most recently valued at $5.2 billion in a $100 million tender offer last November. The IPO talk follows what the report describes as a valuation reset and the company's first EBITDA breakeven. Faire's last valuation came in that November tender offer.

AI-generated from reports · 2 hours agoUpdate

Latest updatesNov 2 20:35
Faire eyes IPO within 12 months after valuation reset and first EBITDA breakeven

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Nov 2
  1. Fortune Term SheetTop Deals
    Faire eyes IPO within 12 months after valuation reset and first EBITDA breakeven

    Wholesale marketplace Faire is eyeing an IPO in the next 12 months, CEO Max Rhodes told Fortune. The company was last valued at $5.2 billion in a November tender offer.

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