Teespring’s valuation plummets from $650M to about $11M

[pain_perdu]

https://www.wsj.com/articles/struggling-teespring-takes-valuation-haircut-in-drastic-recapitalization-1497922483

[pain_perdu]

Related news about layoffs: Http://about.crunchbase.com/news/teespring-undergoes-stiff-layoffs-corporate-restructuring/

[dawhizkid]

Not surprised...practically speaking they grew in popularity at a time when graphic tees were really popular...now not so much.

[eagletusk → dawhizkid]

Where have people stopped wearing graphic tees? That has not been my experience.

[keeptrying]

Anyone got a non paywalled link?

[Jazgot]

Paywalled article :/