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Allbirds Acquired for $39 Million After Disappointing IPO

Primul articol: 31 mar. 2026, 08:30 | Ultima actualizare: 31 mar. 2026, 08:30 | 1 sursa | 1 articol
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Allbirds, once a darling of the sustainable footwear industry, is being acquired for a mere $39 million. This represents a significant downturn from its IPO, where it raised almost ten times that amount. The acquisition underscores the difficulties faced by companies that went public during the tech boom and subsequently struggled to maintain growth and profitability.

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TechCrunch English Connie Loizos 31 mar. 2026, 08:30 (acum 3 ore)

Allbirds is selling for $39 million. It raised nearly 10 times that amount in its IPO.

The collapse of the brand, which was originally venture-backed and that went public in 2021, has been well-documented.

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