Skip to Content

Here Are 3 Unicorns That Are Struggling


Some promising ­startups with billion-dollar valuations, a.k.a. unicorns, are struggling. Here’s a brief look at three.


Regulators are all over the blood-testing company, last valued at $9 billion, after a series of Wall Street Journal reports called its technology into question. Chief operating officer Sunny Balwani left in May.


The human resources software startup, last valued at $4.5 billion, was flying high until its CEO Parker Conrad abruptly resigned. The reason? The discovery of a tool that enabled some of its employees to skirt California health insurance licensing requirements.

The Honest Co.

Actress Jessica Alba co-founded the company, last valued at $1.7 billion, to sell safe and healthy products, but several lawsuits allege that they contain undisclosed chemicals.

To see Fortune’s full unicorn list, click here.

For more on unicorns, watch this Fortune video:

A version of this article appears in the June 1, 2016 issue of Fortune with the headline “Shorn Horns.”