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30% US tech startups will lose unicorn status: Report
short by Vani Vivek / on Wednesday, 17 August, 2016
Silicon Valley-based financial services company SharesPost on Tuesday published a report claiming that approximately one-third of US tech startups will lose their unicorn status in the next 24-36 months. The startups will either go public or get acquired at a lower valuation, according to the report. Unicorns are venture-backed private companies with a valuation of $1 billion or more.
read more at Reuters