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15 Apr, 2020
các công ty startup tỷ usd ảo quá, dịch covid-19 này thổi bay hết,
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...It may be the end of an era (kết thúc một kỷ nguyên) for venture capitalism (đầu tư vốn mạo hiểm), an era when billions flooded into startups with the hopes they would "blitzscale" their way to market dominance (thống trị thị trường).
...With COVID-19, the unicorn (công ty kỳ lân) die-off has really begun. Lime, at one point valued at $2.4 billion, recently sought emergency funding (tài trợ vốn khẩn cấp), cutting its value to possibly around $400 million. Pichinson wouldn't name names, but he says his company has wound down one scooter company and has been talking with another. Softbank, whose $100 billion Vision Fund is the world's largest investor in tech startups, is warning of a possible $12.5-billion operating loss, expecting over a dozen of its startup investments to declare bankruptcy (tuyên bố phá sản).
...The unicorn era was easy to make fun of, but it *was* also a great time to be a consumer (thời kỳ tuyệt vời để là người tiêu dùng). Companies seeking early market dominance were fighting to lure (quyến rũ, lôi cuốn, nhử) customers, and it showed up in the form of not only cheap scooters, but below-cost boxes full of wine, snacks, clothes, and makeup. Uber and Lyft gave you discounted taxi rides. Moviepass went bankrupt giving you unlimited movies. Wag subsidized you if you wanted to get someone to walk your dog. It's too bad it didn't last. (buồn là ko còn nữa)
Bài trước: Corona virus sẽ kích nổ bom bất động sản
Tags: economics
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