SmileDirectClub viewed as ‘unicorn’ startup with uncertain future

Dentists

Share on Facebook
SmileDirectClub, a private startup valued at over $1 billion, has an uncertain future as investors critique it as a "unicorn" startup, which includes companies with little governance and big losses, according to Axios

After analyzing numerous mature startups, investors attribute startup failure to a higher demand than supply.

Driven by an unprecedented amount of large, later-stage venture capitalists, unicorn funding is expected to thin out, potentially resulting in a wave of rescue rounds and plummeting share prices.

Investors believe, however, that startups with reasonable plans for profitability will be fine.

More articles on dental:
ADA expands policy on oral cancer detection
SmileDirectClub breaks silence, slams dentists
Montana denturists fight proposal requiring dentists' presence

© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Top 40 Articles from the Past 6 Months