StockX Raises $60 Million as Insiders Sell
The online reseller marketplace raised another round of funding, now at a $3.8 billion valuation led by existing investor Altimeter Capital along with participation from Dragoneer Investment Group. In addition to the $60 million in new equity, StockX employees cashed out $195 million of their own shares at the same valuation. Just four months ago, the company raised $275 million at a $2.8 billion valuation, ... Log in to view full article.