The classes that may be discovered as Vice joins digital media casualty checklist
The tech sector is used to seeing firms lurch from growth to bust in a really quick area of time.Seldom, although, has there been as dramatic an evaporation of worth because the one skilled on the digital media start-up Vice.
From a peak valuation of $5.7bn, in 2017, it seems set to be picked up for simply $225m after submitting for Chapter 11 chapter safety.It is kind of the comedown for a enterprise based in 1994 in Montreal as a punk journal and which, on the top of its recognition, employed 3,000 folks all over the world whereas proudly owning an advert company, a movie studio, a cable community and a document label.It even purchased a pub, the Old Blue Last in Shoreditch in east London, the place the likes of Amy Winehouse and Arctic Monkeys performed secret gigs.
Along ...