717 'unicorns' went bankrupt in 2025
According to Washington Post
According to the Washington Post, in 2025, 717 companies previously valued at over one billion dollars and dubbed 'unicorns' declared bankruptcy or became heavily indebted. Among them were startups from the US, Europe, and Asia operating in fintech, biotechnology, and e-commerce. Reasons for their collapse included lack of profitability, rising costs, and increased competition. This actual data highlights the instability of the technology company market, despite previous growth.
Context
The term 'unicorn' refers to startups valued at over 1 billion dollars.
Summary:
In 2025, 717 unicorn startups declared bankruptcy, according to The Washington Post.
- Category: Economy
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- Source: https://t.me/newsby_btrc/183782
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