Cashing Out of Unicorns Gets Hard by Wolf Richter • Aug 18, 2017 • 50 Comments Until shares can be sold, “valuations” remain fake wealth.
“Junk Equity” Comes to Haunt $30-billion Startup by Wolf Richter • Jul 26, 2017 • 53 Comments Snap Inc. tried to turn Big Investors into zombies. It didn’t work.
Silicon Valley’s “Death by Overfunding”: Next Unicorn Collapses by Wolf Richter • Jul 11, 2017 • 85 Comments When the ocean of hype turns toxic.
Uber Confirms Horrendous Loss in 2016 by Wolf Richter • Apr 15, 2017 • 62 Comments On Good Friday, when no one was supposed to pay attention.
Snap’s IPO Shares Should be “Junk Equity”: CalPERS by Wolf Richter • Mar 10, 2017 • 43 Comments The scam around the stock of Snapchat’s parent, and a revolt by institutional investors that may have to buy the shares.
Uber’s Partially “Undisclosed” Ton of Money by Wolf Richter • May 25, 2016 • 9 Comments Here’s the timeline of billions.
How a $9-Billion Unicorn Imploded by Contributor • Apr 23, 2016 • 50 Comments Fooled investors flooded Theranos with cash.
The Fretting Among Wall Street Gurus Has Begun by Wolf Richter • Apr 1, 2016 • 28 Comments Something has to give.
Desperate “Dumb Money” from China Arrives in the US by Wolf Richter • Mar 9, 2016 • 38 Comments Every now and then we get a sign.
It Gets Ugly in the Startup Bust by Wolf Richter • Mar 1, 2016 • 40 Comments Debris from the collapse hits investors left and right.