*Cameo went from $1 billion unicorn with major investors to a $600,000 court settlement it can’t afford to pay*
[...]Cameo’s harsh financial picture makes it the latest in a line of former unicorns to have hit hard times. In March 2021, Cameo was flying high, with a soaring valuation of $1 billion on the back of a $100 million Series C funding round. Major investors like SoftBank, Google Ventures, Kleiner Perkins, and even skateboarding legend Tony Hawk all lined up. [...]
https://fortune.com/2024/07/30..../cameo-app-unicorn-s
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