Here come the Zombiecorns

Growing numbers of so-called startup unicorns that have highly inflated valuations are getting “too big and too old, a type of value-trapping abomination that goes against the laws of nature,” enough for Pitchbook to dub them Zombiecorns. The root causes of the rise of Zombiecorns is way deeper than just the exits and softness in the IPO market. Smart analysis that is worth reading!