Allbirds is selling for $39 million. It raised nearly 10 times that amount in its IPO.
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📌 Key Takeaways
- Allbirds is being sold for $39 million.
- The sale price is significantly lower than its IPO fundraising.
- The company raised nearly $390 million in its initial public offering.
- The sale represents a major devaluation from its IPO valuation.
📖 Full Retelling
The collapse of the brand, which was originally venture-backed and that went public in 2021, has been well-documented.
🏷️ Themes
Business Acquisition, Corporate Valuation
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Original Source
The collapse of the brand, which was originally venture-backed and that went public in 2021, has been well-documented.
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