Category: Unicorn

Meet Utah’s next unicorn
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Meet Utah’s next unicorn

Weave, a developer of patient communications software focused on the dental and optometry market, was the first Utah-headquartered company to graduate from Y Combinator in 2014. Now, it’s poised to enter a small but growing class startups in the ‘Silicon Slopes’ to garner ‘unicorn’ status. The business announced a $70 million Series D last week…

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Unicorn IPOs Have Incinerated $45 Billion This Year
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Unicorn IPOs Have Incinerated $45 Billion This Year

The proposed WeWork IPO has totally collapsed. Founder Adam Neumann is out as CEO, and the company has slashed real estate deal activity and fired staff. The company’s credit rating has been cut to B-, and its bonds are plunging. Softbank recently valued WeWork at $47 billion, now some analysts say it may be worth…

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