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Chronicles

The story behind the story

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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 πŸ¦…πŸ‘€ 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.Β  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 β€˜success’ and its milestones?Β  Understanding how and why companies … Anne Riley Moffat : In 2021, more than 354 companies received billion-dollar valuations, achieving unicorn status.Β  Only six of them have since held IPOs … Forums: Hacker News : The Unicorn Boom Is Over, and Startups Are Getting Desperate

Bloomberg Katie Roof

Discussion

  • @katieroof Katie Roof on bluesky
    Wrote something for Businessweek magazine that I've been thinking about.Β  What happens to the 1200 unicorns?Β  Many of them have been abandoned by investors as tech IPO markets dried up.Β  The AI boom has distracted from the reality of hundreds of β€œzombie unicorns” www.bloomberg.co…
  • @hunterwalk.com @hunterwalk.com on bluesky
    what's fascinating is how venture firms treat these - you can see investors in the same company do different things - hold at last valuation until there's a new mark, write down by a percentage, etc.Β  β€”Β  LPs are often invested in multiple firms which hold the same company and hav…
  • @kellblog Dave Kellogg on bluesky
    Hunker, baby, hunker [embedded post]