Alex Stern
Feb 27

In just 3 years, the number of unicorns has more than tripled (274 today vs. 83 in my initial dataset from 2014). Is it a good thing that so many companies are now boasting the valuations that were almost unimaginable just a few years ago? Maybe not, and I’m pretty sure that some of the companies featured in this analysis might witness their valuations taking a significant hit in the near future.

Still, unless the market conditions change significantly and venture capital suddenly becomes less abundant (which is unlikely to happen, with initiatives like Softbank’s $100 billion fund underway), we will probably see even more companies reaching the “unicorn” status in the near future.

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