The rise and fall of Allbirds: The sneaker company, once valued at $4 billion, just sold for $39 million

Source: Business Insider

Allbirds on Thursday announced a disappointing earnings report. Spencer Platt/Getty ImagesAllbirds was founded in 2015 and soared to prominence with its iconic wool sneaker. The company went public in November 2021.

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The rise and fall of Allbirds: The sneaker company, once valued at $4 billion, just sold for $39 million

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