Too Long; Didn't Read
Today's Thriving Startups Will be Camels, Not Unicorns, says Misan Etchie. Unicorns are the term given to startups that are able to achieve a billion-dollar valuation. The majority of Unicorn startups are known for growing tremendously fast and burning cash without any sign of profit or a single dime in revenue. WeWork and Brandless have had lasting effects on the way startups are viewed and valued, with WeWork being devalued from a whopping 47 billion dollars to 5 billion dollars in just a matter of months.