unicorns

The newest members of the $100M ARR club

Hello and welcome back to our regular morning look at private companies, public markets and the grey space in between. Today we’re taking stock of a cohort of special companies: still-private startu

The IPO window is open

Hello and welcome back to our regular morning look at private companies, public markets and the grey space in between. This morning we’re digging into the current IPO market, asking ourselves h

Bill.com’s IPO pricing is good news for unprofitable startups

Business-to-business payments company Bill.com priced its IPO today at an above-range $22 per share. The firm, selling 9.82 million shares in its offering, will raise around $216 million at a roughly

The $100M ARR club

Hello and welcome to a lightweight series I’m writing while I recapture my footing at TechCrunch. It’s lovely to be back, and I’m excited to chat about what’s going on with pri

Freshworks raises $150M Series H on $3.5B valuation

Freshworks, a company that makes a variety of business software tools, from CRM to help-desk software, announced a $150 million Series H investment today from Sequoia Capital, CapitalG (formerly Googl

GitLab hauls in $268M Series E on 2.75B valuation

GitLab is a company that doesn’t pull any punches or try to be coy. It actually has had a page on its website for some time stating it intends to go public on November 18, 2020. You don’t

The Crunchbase Unicorn Leaderboard is back, now with a record herd of 452 unicorns

We are very pleased to announce that the new and improved Crunchbase Unicorn Leaderboard re-launched today after nearly a year’s absence from TechCrunch. Venture investors did a lot of handwringing

As the term ‘unicorn’ goes broke from overuse, what’s actually rare?

There are so many unicorns in the market today — they stampede by the hundred in 2019 — that they are impossible to keep tabs on.

Why unicorns can raise $1 billion but can’t figure out diversity and inclusion

I was 13 when I was selected for a competitive math, science and computer science program. Of the 100 kids, I was one of two black girls. The tech industry is no more diverse now than it was then.

Unicorns: A tale of two continents

It costs a staggering 50-100 percent more in the U.S. to create a company valued at $1 billion than in Europe.

Unicorns, undercorns and horses: A guide to the nonsense

This has now gone on so long that many of us in the tech-focused journalism space are sick of saying the word.

Unicorns aren’t profitable, and Wall Street doesn’t care

On Wall Street's leniency toward unprofitable tech companies and outsized exits.

Looker snags $103 million investment on $1.6 billion valuation

Looker has been helping customers visualize and understand their data for seven years, and today it got a big reward, a $103 million Series E investment on a $1.6 billion valuation. The round was led

Unicorns aren’t special anymore

There are 145 "active unicorns" today worth an aggregate valuation of $555.9 billion. In 2013, there were just 39.

Feeling left out of a hot market? This new outfit has a fund with shares of 30 top ‘unicorns’ to sell you

When Equidate, a venture-backed secondaries marketplace based in San Francisco, closed its most recent round of funding with $50 million four months ago, it was hardly a surprising bet on the part of

Global unicorn exits hit multi-year high in 2018

Unicorn exits are taking flight. With the IPO window wide open, an apparent record number of venture-backed companies privately valued over $1 billion have launched public offerings this year.

The G.O.A.T. may be a zebra

Silicon Valley is obsessed with unicorns, startups that reach a valuation of $1 billion valuation or more. But Aniyia Williams and her team over at Zebras Unite are more interested in zebras. Unlike u

‘Unicorn’ price tags aren’t all they’re cracked up to be

A $1 billion valuation was until recently a significant badge of honor for a tech company, marking it as an unusually successful outlier. Now, though, as membership of the club has swollen to as many

Unicorns gorge as investors dish up bigger rounds, more capital

Is there a point when investors will turn off the spigots for giant unicorn funding rounds? If so, we haven’t reached that threshold yet. Here, we break down the leading locations for new and existi

Here’s where you’re most likely to randomly run into a unicorn in the US

Where’s the best place to start a startup? It’s a perennial and somewhat intractable question entrepreneurs love to ask. And before you get your hopes up, we’ll start by saying there is no one r
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