This chapter examines the valuation of tech companies and the concerns surrounding inflated valuations. It delves into the risks of speculation and the consequences it can have on the tech industry. The chapter also explores the factors that contribute to the success or downfall of tech unicorns.
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