The growth in the numbers of technology startups valued over $1 Billion, so-called unicorns, has abruptly stopped and even reversed. In the last several months, a number of unicorns have seen their valuations marked down by mutual funds. This has been accompanied by a number of titillating articles about frivolous spending — Dropbox’s Chrome Panda sculpture — and debauchery — Zenefits’ …
Continue reading “Kabam: What Causes A Unicorn To Stop Skating To Where The Puck Is Going”