This Californian shoe company was once worth billions. It just sold for $39 million.

2026-04-01 16:20 • ;Itzel Luna

Allbirds became a Silicon Valley favorite when it launched in 2021, known best for its eco-friendly wool sneakers. The company just sold for a fraction of what it was once worth.

Read More Here: https://www.latimes.com/business/story/2026-04-01/this-californian-shoe-company-was-once-worth-billions-it-just-sold-for-39-million