Allbirds CEO Joey Zwillinger on the startup's $100 million round, profitability, and SPAC mania

Allbirds CEO Joey Zwillinger on the startup's $100 million round, profitability, and SPAC maniaAs people spend less time out and about and more time daydreaming about when a vaccine will arrive, lifestyle shoes are only gaining traction. One obvious beneficiary is Allbirds, the San Francisco-based maker of comfortable, sustainable kicks that launched in 2016 and quickly became a favorite in Silicon Valley circles before taking off elsewhere. Allbirds just closed on $100 million in Series E funding at roughly the same $1.6 billion valuation it was assigned after closing on $27 million in Series D funding earlier this year, and blank-check companies have been calling, says cofounder and CEO Joey Zwillinger.




from Yahoo Tech https://ift.tt/36koNIO

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