The chapter highlights the significance of customer feedback and the need to make wise investment decisions in a manufacturing business. It also explores the challenges of closing a failing company and reflects on the impact on employees and investors.
The fairy tale of unicorn companies has taken a twist. These former investment darlings are facing dramatic busts, filing for bankruptcy, or closing shop. Today, we'll dive into why these once-promising companies are running out of steam and why investors are becoming more discerning and less inclined to fund them. Is this the end of unicorn mania, or are we witnessing a plunge into the unicorn abyss? On the show: Heyang, Niu Honglin & Brandon Yates