{"id":753357,"date":"2026-06-22T18:02:10","date_gmt":"2026-06-22T18:02:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/753357\/"},"modified":"2026-06-22T18:02:10","modified_gmt":"2026-06-22T18:02:10","slug":"zombie-unicorns-are-haunting-silicon-valley","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/753357\/","title":{"rendered":"Zombie unicorns are haunting Silicon Valley"},"content":{"rendered":"<p>Published Mon, Jun 22, 2026 \u00b7 07:29 PM<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">FANTASTIC beasts roam Silicon Valley. Locals are <a class=\"text-verticals-btblue underline hover:text-blue-500\" data-testid=\"article-annotation-link-component\" href=\"https:\/\/www.businesstimes.com.sg\/singapore\/single-founders-billion-dollar-valuations-ai-minting-unicorn-startups-birth\" target=\"_blank\" rel=\"nofollow noopener\">familiar with the unicorn<\/a>, a startup valued at more than US$1 billion; the centaur, worth US$100 million; and the decacorn, with a valuation of US$10 billion.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Lately, another creature has been stalking the land: the zombie unicorn, a company once worth more than US$1 billion, now a mere shadow of its former self. It is a prospect that keeps venture capitalists awake at night.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6 inline-block\" data-testid=\"article-paragraph-component\">By May 2026, 332 of the 1,900 unicorns in a database maintained by Ilya Strebulaev of Stanford University had raised money at a valuation at or below their peak.<\/p>\n","protected":false},"excerpt":{"rendered":"Published Mon, Jun 22, 2026 \u00b7 07:29 PM FANTASTIC beasts roam Silicon Valley. Locals are familiar with the&hellip;\n","protected":false},"author":2,"featured_media":753358,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[64,63,99,198,137774,1054,1485],"class_list":["post-753357","post","type-post","status-publish","format-standard","has-post-thumbnail","category-entrepreneurship","tag-au","tag-australia","tag-business","tag-entrepreneurship","tag-private-capital","tag-stock-markets","tag-venture-capital"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/753357","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=753357"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/753357\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/753358"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=753357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=753357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=753357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}