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
The billion-dollar startup bubble is deflating, and more than $1 trillion in value is locked up in companies with dwindling prospects. Bluesky: @kellblog and @katieroof LinkedIn: Katie Roof , Erika Hall , Suzanne Rabicoff , and Anne Riley Moffat Forums: Hacker News and Slashdot Bluesky: Dave Kellogg / @kellblog : Hunker, baby, hunker [embedded post] Katie Roof / @katieroof : Wrote something for Businessweek magazine that I've been thinking about. What happens to the 1200 unicorns? Many of them have been abandoned by investors as tech IPO markets dried up. The AI boom has distracted from the reality of hundreds of “zombie unicorns” www.bloomberg.com/news/article... LinkedIn: Katie Roof : Wrote something for Bloomberg Businessweek magazine that I've been thinking about for a while. What happens to the 1200 unicorns? … 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) … Suzanne Rabicoff : What's the value of continuously evolving your definitions of ‘success’ and its milestones? Understanding how and why companies … Anne Riley Moffat : In 2021, more than 354 companies received billion-dollar valuations, achieving unicorn status. Only six of them have since held IPOs … Forums: Hacker News : The Unicorn Boom Is Over, and Startups Are Getting Desperate Msmash / Slashdot : ‘The Unicorn Boom Is Over, and Startups Are Getting Desperate’