They're a global company that creates e-commerce startups in emerging economies. Not sure if 'startup' is really the right term here, but it's what they use. While they bill themselves as an accelerator, it's more that they ship in talent to emerging economies and try to become a big name in the e-commerce sector in those economies.
Seems to be working out for them, but I'm guessing the 'going public' is a way for the founders to cash out as quickly as possible in case it goes belly-up?
Pretty good analysis. I disagree about the last validation point though - no matter how much money they raise, they are still non-profitable. I think the only way they're going to get real validation is when they're well out of the red. Applies to any business...
I guess there will be 'validation' in lots of interesting in the company from random people looking to get some of that extra free flowing cash for themselves?
Seems to be working out for them, but I'm guessing the 'going public' is a way for the founders to cash out as quickly as possible in case it goes belly-up?