Investors Are Matching More Billion-Dollar Startups With Buyers Than Funding New Ones
Unicorns' mergers, acquisitions, and initial public offerings are trending up, but remain well behind last year's exit activity.
Unicorns' mergers, acquisitions, and initial public offerings are trending up, but remain well behind last year's exit activity.
For the first time since 2014, there were more VC-backed billion-dollar company exits than there were new private VC-backed companies valued at over $1 billion entering the market. In other words, more of those $1 billion-plus unicorns exited than entered the tech industry during the first half of the year.
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