Sources: online DTC luxury brand Quince is in talks to raise funding at a $10B+ valuation, up from $4.5B in July; its annualized revenue run rate has hit ~$2B
Consumer is so back!! Quince is in talks to raise a new round that would more than double its valuation to roughly $10 billion. Annual revenue run rate is currently ~$2 billion - that's a lot of $50 cashmere sweaters Scoop from @Katie_Roof + me: https://www.theinformation.com/ ..…