Casper, Mattress Maker, Raises $170M and Plans I.P.O

Re:Casper, Mattress Maker, Raises $170M and Plans I.P.O by ekianjo on Sunday June 18, 2017 @11:31PM (#14584469)

> Basically, mattresses in the US are sold at a very high markup (couple hundred times the cost) so it's an easy way to make money.

then, is there any reason why no-one disrupts the market with cheaper mattresses?

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Re:Casper, Mattress Maker, Raises $170M and Plans I.P.O by austenallred on Sunday June 18, 2017 @11:34PM (#14584478)

That's what's happening

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Re:Casper, Mattress Maker, Raises $170M and Plans I.P.O by hueving on Monday June 19, 2017 @02:15AM (#14584900)

Where? I want a cheap good mattress and Casper just seems to be expensive.

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Re:Casper, Mattress Maker, Raises $170M and Plans I.P.O by koolba on Monday June 19, 2017 @06:49AM (#14585907)

There are plenty of cheap yet decent foam mattresses on Amazon. Check out the "Lucid" ones. They have a variety of firmness to choose from ... I don't use it as a daily sleeper but slept on one recently and it was quite nice. Plus it's one fifth of the price of Casper or traditional inner spring ones.

If you really want to score a deal on one, find the one you want and track it via CamelCamelCamel. The prices change daily and if you're patient, you can get it for 30-35% less than the top line price.

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Re:Casper, Mattress Maker, Raises $170M and Plans I.P.O by brianwawok on Monday June 19, 2017 @07:54AM (#14586198)

Casper is 20% of the price of the mattress store.

Is your price target like $50 for a queen?

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Re:Casper, Mattress Maker, Raises $170M and Plans I.P.O by dagw on Monday June 19, 2017 @10:42AM (#14587321)

They're also twice the price of an IKEA mattress, so it's not exactly like they're a massive bargain.

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Re:Casper, Mattress Maker, Raises $170M and Plans I.P.O by rtpg on Sunday June 18, 2017 @11:46PM (#14584517)

I imagine that the initial capital costs are ....quite high. At least for brick and mortar stores. You need a lot of space to show off mattresses after all.

Combine that with the not-so-great retail story and a bank probably doesn't want to give out loans for a huge retail space that it might not be able to resell.

Though... I bet there's some opportunities when you look at all the malls that are closing down.

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Re:Casper, Mattress Maker, Raises $170M and Plans I.P.O by mahyarm on Sunday June 18, 2017 @11:47PM (#14584520)

IKEA seems to be doing that. Or are they selling matresses at 100x markup too?

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