Does it dry up like a raisin the sun? Or fester like a sore and then run
November 20, 2015 1:11 PM Subscribe
The Slow Demise of a Unicorn Everybody knows how the first tech boom went bust. But this time around, something's different. More than 100 tech start-ups are currently valued at more than $1 billion dollars, if you go by what VCs and other early investors have paid to buy ownership stakes. Unlike in the early 2000s, very few of today's unicorns have gone public, so there's no way to know what the market really thinks they're worth. Lately though, it seems like the hype train may be coming of the rails. So what happens to those companies now? The New York Times profiles Living Social to find out.
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