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I disagree. They won't get bought because VC will stay away from these companies. the dot.com bust in ~2000 had lots of dead unicorns. Web van is a good exam
by pink_dinner 11y ago
I disagree. They won't get bought because VC will stay away from these companies.
the dot.com bust in ~2000 had lots of dead unicorns. Web van is a good example. It can and will happen again.
- onion2k 11y agoIn the dot.com bubble the market for providing services online vanished, not just the companies. In the case of a lot of the headline collapses there still isn't anyone providing the service they tried to offer. It was too early for most businesses to make anything very useful. That isn't the case now. These unicorns have proven there's demand , they just haven't figured out a way to monetize it.