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Back in the Unicorn Club with Cowboy Ventures’ Aileen Lee

Equity

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The Rise and Fall of Unicorns

This chapter explores the origins and evolution of the term 'unicorn' in venture capital, highlighting the significant growth from 39 to over 532 companies in just a decade. It addresses the transition in focus from consumer to enterprise companies and the impact of low interest rates on valuations. The discussion examines the implications of increasing competition, the decline in unicorn numbers, and the need for a realistic outlook on startup viability amid changing market conditions.

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