Record year for US unicorns


  • SME
  • Monday, 23 Dec 2019

FILE PHOTO: Uber's logo is pictured at its office in Bogota, Colombia, December 12,2019. Picture taken December 12,2019. REUTERS/Luisa Gonzalez/File Photo

UNICORNS like Uber, Lyft and Slack may have had disappointing IPOs, but US venture capital firms gave birth to a record number of unicorns in 2019.

So far this year, 66 venture capital-backed unicorns were minted in the United States versus 58 in 2018, according to market data firm CB Insights.

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