Less Than 1% Of Unicorns Earn $1 Billion In Revenue Or Profits
The Horizons Tracker
APRIL 22, 2024
Instead, the majority remain kept afloat by a regular flow of investment that hides the red ink gushing forth from their P&L statements. The researchers argue that judging the supposed success of a startup by its valuation is increasingly meaningful at a time when an influx of VC funding has caused valuations to mushroom.
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