Unicorns
Breaking the Glass Unicorn: View Inc. Files for Bankruptcy
April 16th, 2024Megvii Announces $935M IPO as China’s AI Dragons Prepare to Fly
September 16th, 2021
End of the Road for WeWork? Recession Spells Uncertain Times for Co-Working
In August 2017, a New York co-working startup named WeWork was squeezed into a unicorn outfit and hurled on to the world stage by a $4.4 billion investment from Japanese conglomerate Softbank. By August 2018, as WeWork’s astronomical growth continued, we started to question our assumptions of this as a fad, contemplating WeWork as the […]
Proptech Bubble or just a WeWork Bubble?
There is a lot of money flowing into proptech but does that suggest a market bubble or just a few wild unicorns casting doubt on the rest of the herd? Those are the kind of questions being asked in the industry as the wildest unicorn of all – WeWork – reveals increasing signs of falling […]
Heavily Funded Chinese AI Unicorns Target Smart Cities, Public Security & Building Management
This article was written by Daphne Tomlinson, Senior Research Associate at Memoori. China has been investing heavily in Artificial Intelligence (AI) in a national bid to become a world leader in the technology. A government plan calls for the country to be at the forefront of AI research by 2030. Billions of dollars are being […]
WeWork Announces IPO Intentions
“The We Company (“WeWork”) announced that it has confidentially submitted an amended draft registration statement on Form S-1 with the Securities and Exchange Commission (“SEC”) relating to an initial public offering of its common stock. WeWork initially submitted its Form S-1 with the SEC in December 2018. This process will enable WeWork to make the […]
Make Waves or Sink – The Hard Reality For Smart Building Startups
Make waves or sink. That’s the hard reality for startups in the competitive smart buildings space. Whether seeking acquisition, greater investment, or IPO, startups have to gain traction and take opportunities to scale their operations. They must create some buzz around the corporate and investment communities, and the best way to do that is by […]