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Eyeglass brand Warby Parker is public — with a $6 billion valuation to match, twice what it was worth during its last fundraising round as a private company.

Why it matters: It’s the latest in a slew of direct-to-consumer companies testing investor appetite.

Warby Parker directly listed their shares — it didn’t raise new funds from investors.

The intrigue: They bet our excessive screen time — and "more people entering into the category where they need progressive lenses" — will be a boon to their business, co-CEO David Gilboa told Yahoo Finance.

Warby Parker goes public with a $6 billion valuation

That's twice what it was worth during its last fundraising round as a private company.

Photo of a person walking in front of a building with a huge screen that says "Warby Parker"

People outside the NYSE as Warby Parker goes public. Photo: Spencer Platt via Getty Images

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Eyeglass brand Warby Parker is public — with a $6 billion valuation to match, twice what it was worth during its last fundraising round as a private company.Why it matters: It’s the latest in a slew of direct-to-consumer companies testing investor appetite.

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After a record economic expansion, the coronavirus pandemic sent the U.S. economy into a recession as unemployment soared to staggering heights. The country now faces urgent questions about how much stimulus is needed for reeling consumers and businesses, and what a recovery might look like.

Warby Parker goes public with a $6 billion valuation

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