The Airtable Deal Just Exposed the Ugly Truth About Your Unicorn
Airtable’s sale to Bending Spoons at an 88% discount from its peak valuation is a brutal reality check for the entire unicorn ecosystem. Private valuations are not real prices. The acquisition proves that disciplined buyers, not venture investors, set the true value of software companies. For founders, employees, and investors, the message is clear: stop believing in paper wealth and start building businesses that can actually be sold for cash.