-100%

est. 2Y upside i

E-CommerceSeries A

Stage: exit. Country: Germany

Rank

#4445

Sector

Internet Retail

Est. Liquidity

~0Y

Data Quality

Data: Low

The analysis reveals that PIPPA&JEAN (PippaJean GmbH, later Oryz GmbH) went into insolvency in October 2020 and is officially out of business.

Last updated: March 10, 2026

Bull (0%)-100%

PIPPA&JEAN (PippaJean GmbH, later Oryz GmbH) went into insolvency in October 2020 and is officially out of business. There is no bull case for equity holders in the original entity, as the equity is worthless.

Base (0%)-100%

The company is out of business due to insolvency. Any equity in the original entity holds no value, resulting in a complete loss of investment. There is no base case for equity holders.

Bear (100%)-100%

PIPPA&JEAN (PippaJean GmbH, later Oryz GmbH) filed for insolvency on October 27, 2020, and is no longer operating. Any equity offered in this entity is worthless, leading to a 100% loss for the job seeker.

Est. time to liquidity~0.0 years

Preference Stack Risk

severe

As the company is insolvent and out of business, all assets would have been liquidated to pay creditors, leaving no value for common equity holders.

Dilution Risk

high

The original equity is worthless. If a new entity exists under the brand, it would have a completely new and potentially highly diluted capital structure.

Secondary Liquidity

none

There is no active market for equity in an insolvent company.

Questions to Ask at the Interview

Strategic questions based on PIPPA&JEAN's data — designed to show you've done your homework.

  • 1

    “Given that PippaJean GmbH (later Oryz GmbH) filed for insolvency in October 2020 and is out of business, could you clarify which legal entity this equity offer pertains to and its current operational status?”

  • 2

    “What is the basis for the 'current valuation' of PIPPA&JEAN, considering its insolvency and 'out of business' status reported by PitchBook?”

  • 3

    “Could you provide documentation detailing the current capital structure, liquidation preferences, and any remaining assets of the entity for which equity is being offered?”

Community

Valuation Sentiment

Our model estimates -100% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.