It’s Worse Than I Realized

Last week I reported that Evernote had removed its key competitive feature from free users. What I didn’t recognize at the time were the market conditions forcing Evernote to raises prices.

The combined “valuation” of total US unicorns is $486 billion. Their combined profit? $0.

Unicorns Dropping Like Flies: First Dropbox; Then Square; Now Fidelity Cuts Snapchat Valuation By 25%