a thoughtful web.
Good ideas and conversation. No ads, no tracking.   Login or Take a Tour!
comment by user-inactivated
user-inactivated  ·  3006 days ago  ·  link  ·    ·  parent  ·  post: Unilever in talks to buy Jessica Alba's Honest company for $1bn

Just talking to the wind here . . .

I don't know what Unicorn means, but $700m sounds like both a steal and a big investment. A lot of that probably has to be for name brand recognition, because I bet for $700m they could just develop their own products. Then again, you did say elsewhere in this thread that buying out the competition is a good way to spend your money as a company, so that might be a part of the price tag too.





kleinbl00  ·  3006 days ago  ·  link  ·  

"Unicorn" means a privately-held, VC-funded startup with a valuation over $1b. Honest, by definition, ceased to be a unicorn once it sold to Unilever... since Unilever paid substantially less than $1b.

user-inactivated  ·  3005 days ago  ·  link  ·  

Well, maybe now that Unilever bought Seventh Generation, they won't want Honest. I'm tied up for the rest of the night, but I feel an urge to check out what P&G are up to now . . .