Mind Matters Natural and Artificial Intelligence News and Analysis

TagCumulative losses

unicorn-landscape-stockpack-adobe-stock
Unicorn Landscape

How Far Will Unicorn Share Prices Fall?

Cumulative losses give us some insights

Most investors know that America’s Unicorns are losing money. What they don’t know is that most Unicorns have dug big holes for themselves and aren’t sure how to dig themselves out. What do I mean by holes? I mean massive cumulative losses that have been accumulated over many years of yearly losses. Because many of today’s Unicorn startups were founded at least 10 years ago, and are still unprofitable, they have a had a long time to create huge cumulative losses, some much more than the $3 billion that Amazon once had. The biggest losses are for Uber ($29.1 billion), WeWork ($12.2 billion), Snap ($8.7 billion), Lyft ($8.5 billion), Teledoc Health ($8.1 billion), and Airbnb ($6.4 billion), followed by four…