An internal investigation by IRL’s board of directors found that 95% of the app’s reported 20 million users were “automated or from bots.”

  • vaguerant
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    211 year ago

    The term unicorn refers to a privately held startup company with a value of over $1 billion. It is commonly used in the venture capital industry.

    In case that helps anybody else as much as it did me.

    • Catch42
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      61 year ago

      I already knew what that term means and I still had trouble parsing what the headline was talking about.

    • lozunn
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      41 year ago

      In this particular case, you could say that the real unicorns were the human users.