The future of commerce is not some complex algorithm; it's essentially the same as it has been since the 1980s. Its latest valuation is a monstrous $20 billion, which is already a huge leap from its October 2025 numbers. The company has nearly doubled its valuation in those 10 months, up from $11.5 billion which secured an investment of $225 million. That $11.5 billion valuation came less than a year after the company raised $265 million in January 2025 off of a $4.97 billion valuation. That simple difference is what sets the livestream auction app apart from that staple of late-20th-century television, the home shopping channel.