| Founded | 2011 |
|---|---|
| Closed | 2023 |
| Country | USA |
| Sector | Beauty |
| Total raised | 160 |
| Collapse type | Fire Sale |
| Founder | Manish Chandra |
Poshmark
"IPO at $7B, acquired by Naver for $1.2B — social commerce's 80% markdown in two years"
Distressed acquisition below last-round valuation
Key Events Timeline
Poshmark IPO'd in January 2021 at $7B, riding the pandemic e-commerce boom.
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