NEWS

PEAK Updates

EVERYTHING BUT THE HOUSE helps online auctions become less awkward, and more profitable

Estate sales can be an adventure for buyers, but for homeowners, they can be time consuming, awkward and emotional. Most people shudder at the idea of strangers traipsing through their home, touching everything and haggling over each item. However, an online company called Everything But the House (EBTH) is billing itself as an answer to the potential awkwardness of property auctions. The full-service online estate sale marketplace helps homeowners offload their belongings, and will ship the goods to their new owners. Founded in 2007 by two estate sale veterans, the company boasts more than a million users, with bidders in over 150 countries. "You call us when you are going through a downsiz

Meal-Kit Startup BLUE APRON Is Going Public

Blue Apron, an unprofitable but fast-growing meal-kit-­delivery startup, officially filed plans to launch an initial public offering on Thursday. The decision to aim to list shares on the New York Stock Exchange—under the ticker symbol APRN—will put Blue Apron on the path to become the first meal-kit provider to debut on the public markets. Founded in 2012 as a way to deliver meals to homes in a direct-to-consumer model that circumvents both grocery stores and restaurants, Blue Apron has, to date, delivered 159 million meals across the U.S., representing about 25 million paid orders through the end of March. That growth has led to a sharp surge in revenue, jumping from just $77.8 million in

©2017-2020 Peak Opportunity Partners.