Allbirds, Once Silicon Valley’s Favorite Shoe, Sells for $39 Million

Despite once being valued at $4 billion, the company that made sneakers from Merino wool struggled to capture a wide customer base and turn a profit.

Apr 1, 2026 - 00:00
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Allbirds, Once Silicon Valley’s Favorite Shoe, Sells for $39 Million
Despite once being valued at $4 billion, the company that made sneakers from Merino wool struggled to capture a wide customer base and turn a profit.

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