$4 Trillion of Unicorns

By Keith Teare • Issue #298 • View online

Content

• The Unicorn Phenomenon
• Venture Capital — Performance and Models
• SEC — Restricting Access to Private Wealth Growth
• The Subscription Economy
• The Changing Big Tech Landscape
• Web 3 Update
• Essays of the Week
• Startup of the Week
• Tweet of the Week

Editorial

Crunchbase News tells us that the company has updated its Unicorn Board and that:

There are 59 so-called decacorns — companies valued at $10 billion or more — within the group. Just a year ago, there were only around half that count, at 31 decacorns.

Three of these decacorns are valued above $100 billion and stand as the most valuable private companies in the world: Shanghai-based TikTok owner ByteDance, valued at $180 billion; payments platform Hangzhou-based Ant Group, at $150 billion; and Hawthorne, California-based space travel company SpaceX, at $100 billion.

The Crunchbase board is a great asset. But it seems that we should soon see more than a single board. The unicorn board has 591 2021 vintage unicorns (and that does not include the…