Yext
- π¦Became a unicorn2017
- πPeak valuation$2.38 Billion β18
- πBecame a Unitard2025
- πΈLast valuation~$405M
How it happened
Yext sells software that helps businesses manage their digital presence β keeping information accurate across search engines, maps and voice assistants. It went public in 2017 and peaked around $2.4B in 2018, then growth steadily decelerated as listings management matured and AI-driven search reshaped the landscape; the stock drifted lower for years before falling below $1B in 2025-26, ending near $0.4B. Glassdoor reviews from the long slide describe how it felt inside: small layoff rounds every few months, handled quietly and badged as restructurings β at times shortly after leadership had signaled none were planned β a strategy employees saw pinballing between listings and search, and wholesale senior-leadership turnover after the founder-CEO's exit.
Employee accounts paraphrase anonymous, unverified reviews posted publicly on Glassdoor β. See our methodology.
Source: Macrotrends / companiesmarketcap / stockanalysis (April 2017 IPO ~$1.5B, ATH $27.19 Aug 2018 ~$2.38B market cap; ~$1.0B Oct 2025 -> ~$0.4B June 2026)

