End of Easy Money: Unicorn Bubble Implodes

End of Easy Money: Unicorn Bubble Implodes, Normalcy Returns

SGT Report - 2023-07-05 - Original post - Cached copy

by Wolf Richter, Wolf Street: AI hype & hoopla replaces crypto, blockchain, and FinTech hype & hoopla. You’ve got to go with the times. In the second quarter 2023, only 12 venture-capital-backed startups in the US became “unicorns”: meaning they received funding that valued them at over $1 billion. In Q1, 9 startups became unicorns […]

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