There are more unicorns than ever At the end of 2020, a record225US-based private companies were valued at $1B+, with a cumulative value of$659B. Of these, 28 became unicorns in Q4 2020. That’s also a record (we think there’s a theme here). The most valuable among them: SpaceX ($46B) Stripe ($36B) Instacart ($18B) Epic Games ($17B) Chime ($16B) These valuations -- particularly for Stripe (rumored at $100B ) -- will be much higher after the next round of funding. The most popular investing verticals in Q4 2020 Biotechnology Accounting & Finance SaaS Monitoring & Security SaaS Automotive & Transportation On Premise Software San Diego, Miami, Denver, and Atlanta… … were 4 US metro areas that are seeing increased deal activity, with funding doubling from Q3 to Q4. Meanwhile, the top 3 metro areas remain the San Francisco Bay Area, New York, and Boston. Miami -- which is rising in prominence (check our Q&A with Mayor Francis Suarez here ) -- scored some notable deals: REEF Technology (investment = $700m) Shipmonk ($290m) from the HUSTLE
Yes, and Private Equity is getting involved https://preiposwap.com/private-equity-firms-seize-on-ipo-boom-with-consumer-assets/ But the question remains - is this a bubble? Certainly looks like.
The value for unicorn should be adjusted based on inflation. Of course there will be more unicorns now vs. years past since the value of things have gone up but they're not adjusting their benchmark upwards. Assuming a bubble based on this is misleading.