David Imel
👤 SpeakerAppearances Over Time
Podcast Appearances
Holy crap.
So they also... It's not the onion?
Because of this pivot, they proposed to their shareholders if they could remove all references to the company being operated for the environmental conservation public benefit.
Oh my... Imagine saying that out loud.
The onion's like, we're out of a job, Vince.
They're selling all their shoe assets.
American Exchange Group.
I'm assuming the rest of the shoes.
Are they still going to be sold under Allbirds?
They're changing their name to Newbird AI.
From the articles I read, it basically was like, our evaluation when we IPO'd was like $4 billion, and now it's so, so, so, so, so much less than that, that they're like, we need to do something else because...
We're IPO and we have to please share.
I mean, do you remember when Allbirds first came out?
They were so popular.
I mean, yes.
But the valuation of $2.2 to $4 billion when they IPO'd in 2021.
That's crazy.
Your new Allbirds come with a GP.
Actually, they don't.