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How the Silicon Valley sneaker that was once worth $4 billion ended up selling for $39M from The Next Web RSS feed.
How the Silicon Valley sneaker that was once worth $4 billion ended up selling for $39M
The wool sneaker brand that briefly hit a $4 billion valuation in 2021 has agreed to sell all its assets and IP to American Exchange Group. The company is dissolving. Shares jumped 36% after-hours because $39M is still a premium over where they were already trading. Allbirds has agreed to sell all of its intellectual […]
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