Unicorn Exits Set To Reach All- Time High In 2018
A lot of startup-related metrics such as, Supergiant rounds, Unicorn investments, Total Funding etc are on track to hit multi-year or record highs in 2018 The 2018 numbers provide a clear counterpoint to those who questioned whether astronomical unicorn valuations would hold up in the public market A record number of venture-backed companies (23) valued at over $1 billion have launched IPOs so far in 2018, outpacing full-year totals for 2016 and 2017.These newly public unicorns are doing pretty well too, their shares are either meeting or above expectations and 6 of these are valued at over $10 Billion. Unicorn M&A market is seeing tremendous activity as well. Big transactions like Walmart’s $16 billion acquisition of Flipkart and Microsoft’s $7.5 billion purchase of GitHub have helped boost the totals. The UnitedStates produced the most Unicorn exits this year but the total dollar value of these exits was higher in Asia and Europe.
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