As a startup enthusiast, you must be aware of popular terms such as 'Unicorn,' 'Soonicorn,' and 'Decacorn.' However, Are you aware of the term '𝐙𝐨𝐦𝐛𝐢𝐞𝐜𝐨𝐫𝐧'? 🤔
- The term ‘zombiecorn’ means a startup with a valuation of over $1 Bn that str
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Anonymous 4
Stealth • 6m
Absolutely. The high burn rate is a red flag. Startups need to balance growth with sustainable practices. If a company is overly dependent on VC funding without a clear path to profitability, it’s bound to face challenges.
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What do you think about VCs and their recent chase for profitability? Especially, for companies like Koo, Sharechat.
I mean, we know and we've seen in the history of start-up