Great article: The Folly of the Unicorns
Venture capital unicorns don’t help the economy. Money-losing companies with sky-high valuations only help their investors. The value of a company is truly in its impact, not in its ability to attract venture capital. These billions don’t translate into a rapidly expanding workforce or consumer spending.
Read the full article: The Folly of the Unicorns https://lnkd.in/epYbZdb