What is the meaning of Zombie?

Zombie is a company that has received capital from investors but has only generated sufficient revenues and cash flow to maintain its operations without significant growth. Typically, a venture capitalist has to make a difficult decision as to whether to kill off a zombie or continue to invest funds in the hopes that the zombie will become a winner.

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APABarry Goldsmith. (2010). zombie. Retrieved September 23, 2026, from http://smartdefine.org/zombie/definitions/1166789
ChicagoBarry Goldsmith. 2010. "zombie" http://smartdefine.org/zombie/definitions/1166789 (accessed September 23, 2026).
HarvardBarry Goldsmith 2010, zombie, Smart Define, viewed 23 September, 2026, <http://smartdefine.org/zombie/definitions/1166789>.
MLABarry Goldsmith. "zombie" 21 October 2010. Web. 23 September 2026. <http://smartdefine.org/zombie/definitions/1166789>
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