The online store called Honest Co. owned by the Hollywood superstar Jessica Alba will soon become public, according to Bloomberg Business. Processing has already started, and it’s only a matter of time before this superstar’s business becomes available for both of us.
Hollywood actress and superstar Jessica Alba will be working alongside Goldman Sachs Group Inc. and Morgan Stanley for establishing this deal; however both of these latter individuals refrained from commenting on this matter to the media.
The above matters are entirely private and according to anonymous sources, Goldman Sachs Group Inc. and Morgan Stanley have thought about this move since 2014.
Due to the intense level of cyber criminal activities online, very few companies decide to make their companies publicly available. Only with private funds that accumulated to $51 billion these online stores managed to exist, according to the research statistics of CB Insights. This practice followed until January when none of the companies became public.
Jessica Alba, this Hollywood superstar is also a passionate entrepreneur that wants to deliver eco-friendly products including baby items, home cleaning materials, and cosmetics. Even after that, many customers had already filed a complaint last year complaining that their products were inappropriately labeled containing artificial ingredients.
Currently, the value of this company stands at $1.7 billion. Its list of investors also includes Fidelity Management & Research Co., General Catalyst Partners, Lightspeed Venture Partners and Wellington Management.