Unicorns Losing Their Luster

T. Rowe Price and Fidelity have marked down valuations of many unicorns including Dropbox, Uber, and Zenefits.

What jumps out at me is WeWork’s jump in valuation that bucks the general market. Much of their materials are in the public domain, which I have read. Yet I am still unable to see how they’re able to command such a strong valuation.

Read more at Quartz

t rowe price valuations

2 thoughts on “Unicorns Losing Their Luster

  • I wouldn’t jump to drawing comparisons to prior bubbles, though I have to admit, smart deals are a but scarce these days.

    • I’m hoping you’re right, Frank. Though it’s hard to justify some of these valuations-such as Wework. Its projections harken back to those of the original tech bubble.

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