Poshmark cash flow positive, on track for $100 million revenue

 Poshmark, the fashion resale social network, is on track for $100 million in revenue this year, TechCrunch has learned. We hear the company reached $50 million in revenue last year, which means they are on pace to double in 2017. The company also recently became cash flow positive, with profitability on an Ebitda basis. This is a commonly used, but adjusted measurement of profitability… Read More

by Katie Roof via Endless Supplies .Us - News