The Unicorn Fire Sales Ahead
Welcome back!Hopin, one of the most iconic startups of the pandemic era, said this week it sold its virtual event and webinar hosting business to RingCentral, and that its founder and CEO, Johnny Boufarhat, is stepping down. The sale marks a pitiful finale for the once-heralded startup.Similar ...
Hasnain says:
“None of this should be news to investors: More than journalists or many of the startups’ own employees, venture capitalists had the best access to the financial conditions of these startups. The writing was on the wall.”
Posted on 2023-08-05T23:30:59+0000