Professional
Added to YB: 2026-08-19
Pitch date: 2026-07-28
TDUP [neutral]
ThredUp Inc.
Author Info
Optimist Fund is a concentrated, global growth-oriented value investment partnership Follow on Twitter/X.
Company Info
ThredUp Inc., together with its subsidiaries, operates an online resale platform in the United States.
Market Cap
$403.2M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
213.38
P/E
-17.52
EV/Sales
1.20
Sector
Specialty Retail
Category
growth
Optimist Fund Portfolio Holding: ThredUp Inc.
TDUP (holding update): Q1 beat — buyers +25%, orders +19%, rev +15% YoY; mgmt guided Q2 accel across all metrics. Beat flowed to FY guide, still viewed as conservative. Direct listing program (sellers list own items) expanded to open beta; avg item sells 2x clean-out-kit price. No direct listing upside baked into 5yr est = free optionality.
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