BarkBox, now profitable, mulls IPO or sale

Bark Box
By Lauren Hirsch.

Bark, the parent company of BarkBox, the subscription service for dogs, is prepared to go public in as soon as six months, co-founder and CEO Matt Meeker told CNBC. It would also consider a potential sale.

The company has met with banks in recent weeks to discuss both options, sources familiar with the situation said. Bark confirmed the meetings, saying they are typical for a company at its stage to build relationships and gauge the market and opportunities, far in advance of any process.

If it does go public — a move that will be market dependent — Bark will welcome labeling itself in conversations with investors as a subscription box company. That identification would come despite the recent industry aversion to the label.

Read more at CNBC.

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