Tag: VCfunded
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40% of VC-funded US unicorns valued below $1 billion in secondary markets
Around 40% of US-based tech unicorns that have raised capital from venture funds are currently trading at valuations below $1 billion in the secondary markets, according to a blog post by Aileen Lee, cofounder of seed venture capital firm Cowboy Ventures.Lee, who coined the term unicorn for startups valued at $1 billion or more, said…