One Kings Lane

One Kings Lane is a home decor business that operates a furniture and home accessories sales website. It was founded by Ali Pincus and Susan Feldman in March 2009.[1][2] The company was valued at $440 million in 2013.[3] The company has 10 million members and has raised venture capital from Mousse Partners, Kleiner Perkins, and Greylock Partners.[4] Dinesh Lathi was named CEO in April 2014.[5] The Company was ultimately acquired for $12 million in 2016 by Bed Bath and Beyond after being valued at over $900 million in early 2014.[6]

References
  1. "One Kings Lane delivers design, business smarts", San Francisco Chronicle, August 9, 2009.
  2. Rao, Leena (January 30, 2014). "One Kings Lane Raises $112M At A $912M Valuation In A Quest To Dominate Home Goods Online". Tech Crunch.
  3. Wachter, Paul (September 29, 2013). "By Noon, These Two Will Have Brought In Another Half a Million More Dollars". New York Magazine.
  4. Roof, Katie (January 30, 2014). "One Kings Lane Raises $112M At $912M Valuation". Forbes.
  5. Swisher, Kara (April 29, 2014). "One Kings Lane Officially Names Dinesh Lathi CEO". Re/code.
  6. Rey, Jason Del (2016-08-23). "One Kings Lane sold for less than $30 million after being valued at $900 million". Recode. Retrieved 2018-12-12.


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