Until recently, the most sought-after companies raised multiple rounds of funding in quick succession at escalating valuations. However, because constant fundraising distracts founders from building their products, lead VCs have devised a new pricing structure that effectively consolidates what would have been two separate funding cycles into one.
千人千面的消费者导致内衣市场集中度长期维持在较低水平。Euromon数据显示，早在2015年，中国女性内衣市场CR10(指业务规模前十名的公司所占的市场份额）市占率仅为11%。
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