CB Insights: a record 1,200 VC-backed unicorns have yet to IPO or get acquired; Carta: fewer than 30% of 2021 unicorns raised funding in the past three years
LPs are often invested in multiple firms which hold the same company and have an ๐ฆ ๐ into this Dave Kellogg / @kellblog : Hunker, baby, hunker [embedded post] LinkedIn: Katie Roof : Wrote something for Bloomberg Businessweek magazine that I've been thinking about for a while.ย What happens to the 1200 unicorns? โฆ Erika Hall : it's stupid that the conversation remains stuck on private market valuation (which is just an agreement among a small number of investor/gamblers) โฆ Suzanne Rabicoff : What's the value of continuously evolving your definitions of โsuccessโ and its milestones?ย Understanding how and why companies โฆ Anne Riley Moffat : In 2021, more than 354 companies received billion-dollar valuations, achieving unicorn status.ย Only six of them have since held IPOs โฆ Forums: Hacker News : The Unicorn Boom Is Over, and Startups Are Getting Desperate