When the consumer opens an account and hits savings milestones for products they want to buy from their favorite brands, they can receive cash contributions from the brands.
Getting a nearly 9x revenue multiple for running a food business is wildly good. That's what, 2015 software prices for salads? How can we call it anything but a win?
Sweetgreen's IPO pricing is fascinating because it fits neatly into our budding thesis regarding the value of tech-enabled companies when they go public.
Allbirds started with a humble, natural wool shoe, but it is not merely an apparel company today. It has become a materials innovation company disrupting how clothes are made.
Allbirds' IPO pricing backs up our view that tech-enabled unicorns going public can hope for an upper-single-digit revenue multiple provided they can make a good case to public market investors.
Backblaze's IPO is a harkening back to the time when it was somewhat difficult to convince private-market investors to value your company in the nine-figures, let alone 10.
Is Southeast Asia about to hit an inflection point for tech startups? Four hundred million people in the region already use the internet, but by year’s end, one estimate suggests that 80% of the
Allbirds gave us pricing information for its IPO this week, providing another window into the world of tech-enabled valuations.
The company now operates 14 locations in a mix of 700-square-foot brick-and-mortar spaces and mobile street carts. Each location hit profitability within two months after opening.
Marc Lore, who earlier this year stepped down from his role as Walmart’s head of U.S. e-commerce, is now backing a new startup in the e-commerce space called Wizard. Lore has taken on the roles
If you’re a savant in the world of SaaS, pay close attention; you have just 48 hours left to save $100 on the price of admission to TC Sessions: SaaS 2021. The early-bird price expires on October 1
Is it just us or has everyone’s calendar hit warp factor 9? We can’t believe there are only 34 days left before TC Sessions: SaaS 2021 kicks into high gear on October 27. If you don’t have your
Hello and welcome back to Equity, TechCrunch’s venture-capital-focused podcast, where we unpack the numbers behind the headlines. Natasha and Alex and Grace and Chris gathered to dig through
The sustainability focused shoe maker Allbirds has taken another step to green its supply chain with a small $2 million investment in a new company called Natural Fiber Welding. Announced this morning
As people spend less time out in the world and more time daydreaming about when a vaccine will arrive, lifestyle shoes are only gaining traction. One obvious beneficiary is Allbirds, the San Francisco
Peterson Ventures, a 12-year-old, Salt Lake City, Utah-based seed-stage fund, has long operated fairly quietly, but many of its bets have become known brands in the respective worlds of consumer and e
In August, after receiving a cease-and-desist letter from the venture-backed shoe startup Rothy’s, shoe giant Steven Madden filed a pre-emptive lawsuit asking a federal court to rule that its Ro
The phrase “pull yourself up by your own bootstraps” was originally meant sarcastically. It’s not actually physically possible to do — especially while wearing Allbirds and having just
Allbirds is now selling socks. The shoe brand that’s de rigueur for investors, entrepreneurs and aspirants in Silicon Valley has been bitten by the sock bug. But, because this is Allbirds (and S
Sweet Reason chief executive Hilary McCain says she launched her sparkling CBD-infused water brand because of her own obsession with cannabis beverages. That obsession, coupled with the lax regulatory