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MicroVision

Lidar/automotive techUSA
New to Unitard
πŸ“‰ Public < $1B
PeakΒ $2.5 BillionToday
βˆ’98%
from peak
  1. πŸ¦„
    Became a unicorn
    ~2021
  2. πŸ“ˆ
    Peak valuation
    $2.5 Billion ’21
  3. πŸ’”
    Became a Unitard
    ~2021
  4. πŸ’Έ
    Last valuation
    ~$51.1M
Current status
Public (MVIS)
Live Β· MVISΒ· NasdaqCM
as of 2026-09-21
$1.67β–² 2.45% today
β‰ˆΒ $51.1 Million market cap Β· βˆ’98.0% from peak

The rise & fall

6 moments Β· 1993–2025

The key moments, with employee sentiment along the way.

1993
Founded in the Seattle suburbs
Laser beam-scanning technology hunting for its market β€” decades before anyone said 'lidar'.
Wikipedia
2021
The peak: a $2.5B meme-stock spike$2.5B
Retail traders pile into the lidar story and briefly push the decades-old laser company to roughly $2.5B.
stockanalysis.com
2021
Slips out of the club
The meme tide goes out as fast as it came in, and automotive lidar wins stay scarce.
stockanalysis.com
2022–25
Waiting on a lidar market
Automotive adoption lags across the industry and the market cap grinds down to about a tenth of the peak.
stockanalysis.com
From the inside Β· Glassdoor reviews, 2021–25
Glassdoor reviews described management repeatedly shifting project focus β€” several engineers said priorities changed so often that teams had to restart work β€” and, by 2024-25, the strain of still trying to commercialize the technology after two decades.
Today
Still in the club β€” and still trading
Live Β· MVIS Β· NasdaqCMas of 2026-09-21
$1.67β–² 2.45% todayβ‰ˆ $51.1M cap Β· βˆ’98.0% from peak

πŸ’¬ entries paraphrase anonymous, unverified reviews posted publicly on Glassdoor β†—; dated facts carry their source.

How it happened

MicroVision is a US developer of lidar and laser-scanning technology for automotive and other applications. Its market capitalization spiked above $1B β€” to roughly $2.5B β€” during the 2021 meme-stock era on retail enthusiasm. As that speculative interest faded and automotive lidar adoption lagged, its valuation slid to about $0.22B by 2026, down roughly 91% from the peak.

Source: stockanalysis.com Feb 2026

Who ran it

  • Sumit Sharma
    former CEO
    Now Principal at Sebusik AdvisoryLinkedIn β†—

Current roles as self-reported on LinkedIn, retrieved 2026-08-19. See our methodology.

πŸ¦„