TORONTO, ON - MAY 11: Casper Sleep Shop owner Nicole Tapscott poses for pictures in her shop at ... [+] Sherway Gardens in Etobicoke. (Vince Talotta/Toronto Star via Getty Images) Toronto Star via Getty ImagesIf you want to sleep at night, don’t buy stock in mattress marketer, Casper Sleep. Casper has raised a whopping $300 million and is valued at $1.1 billion according to the Wall Street Journal. Sadly, it lost $67 million on $312 million of revenue and has a mere $55 million in cash. Intense Industry CompetitionThe mattress industry is large but growing very slowly.

Source: Forbes January 26, 2020 15:45 UTC