What Is A Zombiecorn Startup? All You Need To Know

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Zombiecorn or Zombie-Unicorns are the startups with valuation more than $1 Bn who are unable to achieve sustainable growth or profitability.

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Even after so many funding rounds, their inability to turn in growth and scalability means they are not product-market fit.

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Zombiecorns saturate a healthy market as they prioritise growth over anything. Often leading to layoffs and cost-cutting measures due to economic downturns.

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The latest case of a Zombiecorn comes with WeWork, as substantial doubt existed about the company’s ability to continue as a going concern and the chances of filing Bankruptcy were not ruled out.

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Characteristics of a Zombiecorn: 1. High Burn Rate 2. Heavy dependence On VC Funding 3. Challenges In Scaling Business 4. Stagnant Customer Base

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What startups, according to you, fit the Zombiecorn criteria right now?

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