Big Fizzles For Once High-Flying Unicorn Investors
PYMNTS
NOVEMBER 8, 2019
The problem with large investments – the type that run into the billions of dollars – is that just as gains can be astronomical, the losses can be devastating. billion rescue, and also said it had taken its valuation of the beleaguered workspace company down by 80 percent, to around $5 billion at the end of the most recent quarter.
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