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Another Kleiner Perkins Unicorn Startup Sold For Cents On The Dollar

by recode.net posted 1year ago 7256 views
One Kings Lane, an online home-furnishings retailer, fetched less than $30 million in its recent sale to Bed Bath & Beyond, according to three people familiar with the deal. The purchase price marks a massive discount from a valuation of $900 million that the startup had secured when it raised more than $100 million from investors in early 2014.