It’s a blast. History shows that many people around the world are rapidly declining. Birth rates are falling in many countries, which threatens to create an uneven economy for gray populations.
It is true when we consider the population at the national level. It’s true when we consider the rate at which new unicorns are born, measured by the rate at which global startups reach $1 billion valuations. Once a rarity, unicorns have become a major pedestrian in the last capital cycle of 2020-2021. What’s old is new – we’re slowly seeing unicorns form.
And quickly. According to Crunchbase data, the rate at which unicorns are born has fallen to 80% of the peak it reached a year ago.
From rush to rush
It shouldn’t come as a surprise that unicorns are on the decline; More importantly, we’ve seen a slowdown in the rate at which prime unicorn rounds are paid out. With the pace of mega-rounds slowing, it makes sense that few startups are able to raise new funding that pushes their valuations above $1 billion.
