In the past two years, a large group of highly valued software companies with gobs of prior VC backing have made the move to the public market. Most of these companies were losing substantial amounts of money at the times of their listings. Spotify, Slack, Uber, DocuSign and CrowdStrike are some of the biggest names, but there are plenty more.

https://pitchbook.com/news/articles/ex-unicorn-stocks-are-tanking-in-a-post-wework-world