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

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