Netshoes, the loss-making e-tailer of sporting goods based in Brazil (see our previous issue), has asked Goldman Sachs to help it find a new investor as its net cash position has fallen to €19 million and its current main owners, Tiger Management Corp. of the U.S. and Singapore's GIC Fund, don't want to put more money into the company. Netshoes' market capitalization has fallen by 90 percent since its stock market introduction in New York in April 2017. According to Reuters, its founder, Marcio Kumruian, has been unrealistic about its real value.

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