Matthew Lynley, writing for TechCrunch, details Blue Apron’s plan to go public:
The company is showing a rather incredible amount of growth. Blue Apron said it generated nearly $800 million in revenue in 2016, up from $341 million in 2015. For the first quarter this year, Blue Apron said it generated $245 million in revenue, up from $172 million in the first quarter last year. Despite all this, Blue Apron said it lost $55 million in 2016, though it said it lost $52 million in the first quarter this year.
A better way to IPO.