Allbirds is selling for $39 million. It raised nearly 10 times that amount in its IPO.
Allbirds, the wool sneaker brand that became a kind of unofficial uniform for the Silicon Valley set, has agreed to sell all of its assets and intellectual property to American Exchange Group. $39 million — which is about a tenth of the $348 million it raised in its 2021 IPO and a fraction of the…
