The Bull Case for Rent the Runway

We've all heard the bear case on Rent The Runway ($RENT post IPO), but what about the bull case? 🐂

1: Covid Rebound Value
2: Strong Team
3: Organic Grower

So we understand, what are the most compelling parts of the bear case?
- Declining revenue
- Tough unit economics with inventory costs (clothes wear and need to be procured)
- Weak cash position is forcing …