Is Silicon Valley Unicorns fantasy collapsing? according to Bill Gurley
Thoughtful analysis by Bill Gurley interviewed by Alison Grissworld at Quartz on his views on the collapse of the Unicorns (startups with billion dollar evaluation) and the forces behind it.
Having lived in the Bay area for a while, the forces for exceptional exuberance is strong is this town. Optimism drives this town but fantasies come true for very few and just like aspiring actors or professional sports players, the winners are few but the stories are many.