Hopin

Hopin built a virtual and hybrid events platform — live sessions, expo booths, AI-powered attendee matching — that hit a $7.75 billion valuation during the pandemic's virtual-events boom. As in-person events came back, demand cratered, and Hopin sold off its core events business to RingCentral in 2023 for a small fraction of that peak valuation, with its Streamyard product sold separately to Bending Spoons — a stark example of how fast a pandemic-era category darling can unwind once the underlying demand shifts.