Kim Brady, the chief financial officer of an under-the-radar commercial-truck startup, watched Plan A to raise $1 billion crumble last year after private markets grew wary of pumping money into untested companies.
Investors were in no mood to turn Nikola Inc. into another unicorn after WeWork melted down, making a mockery of Softbank’s $47 billion valuation of the once-ubiquitous office-sharing company.
“The…
