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PitchBook estimates that 25%+ of VC-backed unicorns have become “undercorns,” startups once valued at $1B or more by VCs but now valued below that threshold

New valuation data from PitchBook suggests that more than one-quarter of VC-backed “unicorns” have lost their horns …

Axios Dan Primack

Discussion

  • @jeffjohnroberts Jeff Roberts on x
    “Undercorn”. Also the sawed-off unicorn pic is 🤌😘