Pivot
DeSantis Drops Out, Stock Market Soars, and Guest Aileen Lee
Jan 23, 2024
In this conversation, Aileen Lee, founder of Cowboy Ventures and the brains behind the term "unicorn," shares insights into the booming venture capital landscape. She discusses the rise of billion-dollar startups and the shifting dynamics of investment strategies. The hosts tackle Ron DeSantis' exit from the race and what it means for the political climate. They explore the recent uptick in the stock market and positive economic trends while pondering the disconnect between consumer sentiment and underlying data.
01:15:09
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Quick takeaways
- The number of unicorns (startups valued at over a billion dollars) has significantly increased in the tech industry over the past 10 years.
- The majority of new unicorns are now enterprise companies, compared to primarily consumer-focused companies 10 years ago.
Deep dives
Growing Number of Unicorns
In the past 10 years, the number of unicorns (startups valued at over billion dollars) has grown from 39 to 532, signifying a significant increase in the tech industry.
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