Brutal- Everlane was supposed to be the anti-SHEIN, now acquired by SHEIN for $100M

It was a VC darling when it launched, raising from KP, Khosla, Maveron and others (~$145M raised)

I think the bet was that consumers would pay more for ethical, sustainable basics, and that… https://t.co/g04yW6s7u6

— Sheel Mohnot (@pitdesi) May 17, 2026