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> Is it because they are already valued at $1B+ that this thesis should change? One would assume that if it's valued so high they have a fair amount of funds i
by BinaryIdiot 11y ago
> Is it because they are already valued at $1B+ that this thesis should change?
One would assume that if it's valued so high they have a fair amount of funds in the bank from VCs in which case they could downsize considerably and still survive for quite some time. So I feel like if you're valued at $1B I wouldn't expect you to die even if you're in a decline for some considerable amount of time.
- AndrewKemendo 11y agoExcept I don't know of any unicorns that straight up died. Does a down exit count as dying? Do you have to IPO or be acquired to be a successful Unicorn? What about IPO'd unicorns that tank in the market like Box? I think we need a better metric for success than valuation. Maybe something like: Did they actually lead to the increase of adoption of a better process/technology.