Step One IPO, page-43

  1. 717 Posts.
    lightbulb Created with Sketch. 261
    No you can't. This company is literally purchasing from this Ali Baba supplier for $1.38 each and selling them to people for $30. They are even customizing the logo for him. It's the exact product.

    https://www.alibaba.com/product-detail/Custom-best-underwear-for-sweat-men_62001596675.html

    Any idiot can start re-selling these for $10 and cut his margins. It's over. You can expect $100M MC if you're lucky. This is going to be the worst listing since Nuix.



    Last edited by regalinvestor: 22/10/21
 
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