The inside story of how $1 billion Evernote went from Silicon Valley darling to deep trouble

In 2012, the note-taking app Evernote became one of the first “Unicorn” startups, joining the exclusive club for private tech companies worth $1 billion or more. That year, Evernote passed 30 million registered users, brought its total funding to $270 million, and seemed like a sure-fire candidate to hit the public market in the coming years. Fast forward three years, and the tables have turned.
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