Allbirds Store Closures: How a $4.2 Billion Brand Collapsed and Sold for $39 Million
Allbirds were supposed to be the future of footwear. Comfortable, sustainable, hyped by Silicon Valley, and backed by a $4.2 billion IPO in 2021. 3 years later, the company closed every full-price store in the United States, posted a $77.3 million net loss, and sold itself for just $39 million to avoid going bankrupt. That’s […]
Bootstrapping vs VC Funding: Which to Choose?
Most founders ask the wrong question. They walk into this decision thinking about money, how much they can raise, how fast they can grow. What they should really be asking is: how much of my company do I want to own five years from now, and how much control am I willing to trade for […]
7 Ways to Avoid Founder Burnout
Founder burnout doesn’t arrive as a breakdown. It creeps in slowly, through missed workouts, shorter sleep, skipped meals, and a growing feeling that nothing you do is ever quite enough. By the time most founders notice it, they are already deep in it. A 2019 study published in the Journal of Business Venturing found that […]