Berkshire Grey
- 🦄Became a unicorn2021
- 📈Peak valuation$2.7 Billion ’21
- 💔Became a Unitard~2022
- 💸Last valuation~$1.08B
How it happened
Berkshire Grey was a US warehouse-robotics and automation company valued around $2.7B after a 2021 SPAC merger. Its stock fell well below $1B as growth disappointed, and in 2023 SoftBank took it private at $375M — a fraction of the peak. Glassdoor reviews from the public-market slide capture the drift: quiet layoff rounds that staff said came without explanation, constant senior-leadership turnover, and insiders arguing that senior leaders lacked the industry background a robotics and capital-equipment business demanded. Reviewers watched the share price sink and talented colleagues stream out well before the take-private ended its run as a public unicorn.
Employee accounts paraphrase anonymous, unverified reviews posted publicly on Glassdoor ↗. See our methodology.
Source: GlobeNewswire; SoftBank take-private $375M, 2023
