Timing is everything: Wag struggles as CEO leaves
Business Insider reports Wag Labs Inc., the dog-walking startup that was the previous job for new Shutterfly CEO Hilary Schneider, has had SoftBank’s Vision Fund giving up its nearly 50% stake in Wag!, following Schneider’s departure, at value far less than the $665 million valuation. Vision Fund invested $300 million in Wag last year. Bloomberg reported in October the company...
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