Bed Bath & Beyond paid less than $30 million for One Kings Lane, a startup that was once worth $900 millionAt its peak, One Kings Lane was worth $900 million, nearly a member of the exclusive billion-dollar startup club. But when it was bought by Bed Bath & Beyond in June, it sold for about 3% of its peak valuation.According to a new report fromRecode's Jason Del Rey, the home goods website was sold for "less than $30 million."At the time of the acquisition, Bed Bath & Beyond declined to disclose the sale price, saying only that the purchase price was "not material."
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