Friday, 6 October 2017

Unicorn down rounds

Seems concept may be giving away to reality with the unicorns. 

Tesla loses money on every product it sells and now faces mainstream competition. 

Most online companies reliant on Ad revenue models that don't add any value for the advertisers, for example, products like new cars being advertised on toddler cartoons on youtube. 

Now a marketing based mail order diaper company that loses $1m a week doing a down round.

https://www.axios.com/jessica-albas-honest-co-slashes-valuation-2493350812.html

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