| Founded | 2016 |
|---|---|
| Country | USA |
| Sector | Beauty |
| Total raised | ~$600M |
| Collapse type | Slow Death |
| Founder | Tim Brown and Joey Zwillinger |
Allbirds
"The sustainable shoe unicorn that lost 97% of its market cap to cheaper, faster, trendier rivals"
Years-long decline before final shutdown
Key Events Timeline
Allbirds was founded in 2016 in San Francisco by Tim Brown, a New Zealand professional soccer player, and Joey Zwillinger, a biotech engineer, with the mission of making comfortable, stylish footwear from natural and sustainable materials — primarily Merino wool and sugarcane-derived foam.
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