Sneaker Startup Allbirds Laces Up $1.4 Billion Valuation


In Silicon Valley, even the shoes are now worth more than $1 billion.

Trendy footwear startup Allbirds Inc., whose sneakers are a favorite of striving venture capitalists and celebrities alike, has sold a stake to investors at a valuation of $1.4 billion, people familiar with the matter say.

The valuation, which wasn’t publicly disclosed,…

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