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The Barbell Effect on Unicorns
A lot of these companies raised insane amounts of capital, especially in 2021. Some unicorns have so much money they don't need to raise for a couple of years. And some are probably staring down the barrel of like nine months of cash and beginning to really worry because things haven't come back. I'm very curious to see how far this number can go down this year because going from 285 billion to 131 is brutal.