Zombie unicorns are haunting Silicon Valley

Silicon Valley is facing a surge in 'zombie unicorns', companies that were once valued at over $1 billion but are now struggling to stay afloat. This phenomenon matters because it highlights the risks of overvaluation and the challenges of scaling startups. As a result, investors and entrepreneurs should be cautious when evaluating startup valuations. It's essential to separate hype from reality and focus on sustainable growth.