Lessen Stock

lessen.comConsumer & Lifestyle / E-commerceFounded: 2019Funding to Date: $608MM

Lessen, founded in 2019, is an online property services platform that connects real estate owners to property service providers. The platform uses a proprietary technology that outsources real-estate property services, inclusive of renovations, turns, and maintenance, with the end goal of helping businesses save time and money.

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Team

Management Team

Jay McKee
Co-Founder & Chief Executive Officer
Sloan Swanson
Chief Business Officer
Chris Bee
Chief Technology Officer
Arvind Bobra
Chief Financial Officer
Michael Krumwiede
Chief Strategy Officer
Justin Iannacone
Chief Process & Innovation Officer
Jianqing Zhao
Chief Technology Officer
Gregor Watson
Co-Founder & Board Member

Board Members

Dan Wenhold
Fifth Wall

Frequently Asked Questions About Lessen’s Stock

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Lessen is not publicly traded on NYSE or NASDAQ in the U.S. To buy Lessen’s stock you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
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Yes, you can sell stock of a private company like Lessen. Forge can help you sell your Lessen stock in a way that works for you and the company. So if you are seeking liquidity, register with us today to get started.
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Lessen is a privately held company and therefore does not have a public stock price. However, you may access Lessen’s private market stock price with Forge Data.
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Lessen does not have an official ticker symbol because this company is not currently publicly traded.
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News Highlights

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Peacock, NBCUniversal's streaming service, has seen its subscriber base increase to 28 million, a YoY increase of 80%. Despite this, ad revenue at NBCUniversal is still down, owing to economic uncertainty. The streaming service's losses have decreased by 8% YoY, and the company anticipates total losses for Peacock to be around $2.8 billion this year.
How Microsoft is Trying to Lessen Its Addiction to OpenAI as AI Costs Soar
Microsoft is working to reduce its dependency on OpenAI as AI operation costs rise. The tech giant has directed its researchers to develop cost-effective conversational AI, which could be incorporated into its existing products. This move is part of Microsoft's goal to integrate artificial intelligence into its software.
Startups are using sampling programs to alleviate the cost of returns
Startups are using product sampling to lower the cost of returns, with fragrance brand Snif's sample program resulting in a 12.5% overall return rate. Other companies, including men's skincare brand Lumin and pet food company Petaluma, have implemented similar strategies to reduce the cost of returns and attract new customers. Sampling programs allow customers to try products before committing to a full purchase, helping to manage consumer expectations and reduce the likelihood of returns.
Updated on: Jun 15, 2024

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Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.