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Casper cuts IPO price amid growing investor doubts

Feb 5, 2020
The company helped pioneer the direct-to-consumer mattress market, but the space got crowded quickly.
Casper, which sells direct-to-customer mattresses in boxes, has lowered the cost of its shares for its Thursday IPO.
Rachel Murray/Getty Images for Casper Sleep Inc.

Online mattress startups are disrupting the market

Oct 5, 2018
The industry is crowded with internet competition, forcing one retailer into Chapter 11 bankruptcy.
People check out Serta mattresses at the 2015 Consumer Electronics Show in Las Vegas.
ROBYN BECK/AFP/Getty Images