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Bed Bath & Beyond Paid $12 Million for One Kings Lane--A Startup Once Worth Almost $1 Billion

The home decor company that almost joined the unicorn club sold for a tiny fraction of its peak value.
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Ecommerce is supposedly capital intensive. So why do the companies that raise the least tend to do the best?

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One time near unicorn One Kings Lane has sold to Bed Bath and Beyond for a “non-material” sum. And so ends another ecommerce 2.0 company that we once thought could be a $1 billion winner. Let’s recap: Gilt Groupe: A long time IPO pr...

Bed Bath & Beyond Buys One Kings Lane

Technology : Tech - WSJ.com

Bed Bath & Beyond Inc. said it acquired One Kings Lane Inc., a flash-sales website focused on home furnishings and decor that once was one of the hottest e-commerce startups.

Bed Bath & Beyond paid less than $30 million for a startup that was once worth $900 million

Technology / Technology Industry News : Silicon Alley Insider

At its peak evaluation, flash-sale site One King's Lane was worth $900 million. It was purchased by Bed Bath and Beyond for less than $30 million.  Produced by Jacqui Frank. Original reporting by Avery Hartmans.  Follow BI Video: On...

One Kings Lane was worth nearly $1 billion. Now it's sold for a 'not material' amount to Bed Bath & Beyond (BBBY)

Technology / Technology Industry News : Silicon Alley Insider

Bed Bath & Beyond has bought One Kings Lane, a home goods website that at its peak was valued at more than $900 million. The acquisition price of Tuesday's purchase of the company was not disclosed. Bed Bath & Beyond, which generate...

Bed Bath & Beyond paid less than $30 million for One Kings Lane, a startup that was once worth $900 million

Business & Finance : Business Insider: Money Game

At its peak, One Kings Lane was worth $900 million, nearly a member of the exclusive billion-dollar startup club. But when it was bought by Bed Bath & Beyond in June, it sold for about 3% of its peak valuation. According to a new re...

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