3 ms·
It's being reported in a few places as an acquisition as opposed to an equity investment per se - Viking may be purchasing the positions of the previous investo
by ealexhudson 8y ago
It's being reported in a few places as an acquisition as opposed to an equity investment per se - Viking may be purchasing the positions of the previous investors, and probably doing it for very little. There was some venture debt on the books, so potentially they're doing a deal to repay that debt, rather than have Birchbox default on it?