Hacker News new | past | comments | ask | show | jobs | submit login

Per both links:

1) Good Technology was valued at $1.1 Billion.

2) The investors lost money, but the employees lost much more.

-> This is the problem with unicorns.

You've completely missed the point.




#2 is not at all clear. Investors lost (collectively) over 125 million dollars. The only employess that lost money are those that exercised stock options and had to pay taxes on unrealized gains. It's highly doubtful that this totaled nearly as much as the investors lost.




Guidelines | FAQ | Support | API | Security | Lists | Bookmarklet | Legal | Apply to YC | Contact

Search: