Roham Gharegozlou, Founder and CEO of Dapper Labs, announced late Wednesday that the well-known Web3 studio has reduced its team size by 22%. "These reductions are the last thing we want to do, but they are necessary for the long-term health of our business and communities," Gharegozlou wrote in a letter to employees posted publicly online.
Should you buy Dapper Labs stock?
Dapper Labs is well-known for being the company behind NBA Top Shot and Crypto Kitties. As the market for NFTs continues to balloon, investors seem to want a piece of Dapper Labs stock… whenever it comes available.
Could a Dapper Labs IPO help burgeoning NFT stocks?
Indeed, speculation around a Dapper Labs IPO is ramping up following the company’s funding raise of more than $300 million at a $2.6 billion valuation. Access to equity markets could give Dapper Labs the juice it needs to expand its offerings. Accordingly, let’s dive into what Dapper Labs is all about, for those interested in burgeoning NFT stocks.
Who is Roham gharegozlou?
Enter Roham Gharegozlou, the 35-year-old cocreator of digital trading-card games NBA Top Shot and CryptoKitties and an oft-heralded anti-Zuckerberg. Gharegozlou is more of an open-borders guy.
