Unicorn layoffs keep piling up
Well no-one would have thought that this pandemic would have been the cause of exposing these startup companies (unicorn or not) that are struggling to generate revenue and that rely on endless VC funding rounds for hyper-growth to start shrivelling up right now.<p>Perhaps it's time to focus on startups that actually generate revenue and high profits and invest in technology that is a good for everyone, such as healthcare rather than 'nice to haves' which have no plan for profitability.<p>As strangely predicted here: [0]<p>[0] <a href="https://news.ycombinator.com/item?id=21627809" rel="nofollow">https://news.ycombinator.com/item?id=21627809</a>