Tag Archives: Bonobos

Bonobos Founder Talks About Why He Sold to Walmart at #CodeCommerce

Bonobos founder Andy Dunn explains in an interview at Code Commerce rather candidly why Bonobos thought selling to Walmart was better than going public: At a decade old, Bonobos was looking at three “really exciting” options to help fuel some of its growth, Dunn said. One was to take a small, $15 million round of […]

Walmart Is Acquiring Bonobos for $310 Million in Cash

Busy Friday. Walmart just announced the acquisition of Bonobos for $310 million in cash. From the press release: Walmart today announced it has entered an agreement to acquire Bonobos, Inc. (“Bonobos”), one of the leading apparel brands built on the internet, for $310 million in cash. Following the closing, Andy Dunn, founder and CEO of […]