Fashionable sneaker brand Allbirds, previously valued at $4B, sells its assets for a minimal amount

Allbirds Sells Assets for $39 Million Allbirds, the popular eco-friendly sneaker brand, is now offloading its assets for $39 million—a stark contrast to its earlier valuation of $4 billion. This significant change is evident for the San Francisco-based company, which recently canceled its earnings call and declared an agreement to sell its intellectual property and […]