Drone Bubble Implodes, Wipes Out Startups And Hammers VC Firms
From Zero Hedge, September 8, 2019: It’s not surprising whatsoever that the commercial drone bubble has imploded, wiping out startups, and punishing venture capital firms along the way, reported Bloomberg. Since 2012, venture capital firms poured billions of dollars into drone startups that promised to revolutionize transportation or some other activity that would have tremendous economic impacts,[…]