Changing Market Trends Could Hurt Unicorns: PitchBookMani
The combination of the slowdown in Chinese economy, the European debt crisis and plunge in oil prices could force markets to take a turn for the worse and could hit unicorns especially hard, notes PitchBook.
In its 2015 “VC Unicorn Report”, PitchBook points out that the VC industry has transformed the mythical creature of unicorns into a somewhat more common one.
Unicorns valuations are frothy
According to the PitchBook report, startups valued at $1 billion or more are no longer a rarity as . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email firstname.lastname@example.org and we will get back to you as quick as humanly possible