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."

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
    24•1 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
      6•1 year ago

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

    • lozunn
      4•1 year ago

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