Whither the paper unicorns? - TechCrunch

In a sense, the 2022 question regarding how many paper unicorns will wither, and where they are headed, is basically the inverse of the 2021 unicorn IPO market.

As the private fundraising market becomes increasingly parsimonious, startups raising capital previously valued purely on growth with no care for operating burn will have to endure the market’s senti… [+2536 chars]

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