Six New Unicorns, One Acquisition And Four Companies With 200-Plus Layoffs: How Last Year’s Next Billion-Dollar Startups Have Fared

Live TV streaming service FuboTV now trades over the counter after itwith FaceBank, a tech entertainment company, in April. But its roughly $345 million market cap is down from its most recent valuation: $610 million, estimated by PitchBook.

“Anything that isn’t delivering a ton of value inside the enterprise is at risk of getting cut. And anything that’s new is probably going to have a really hard time,” says Cowboy Ventures’ Aileen Lee. “Nice-to-have is going to be really hard to sell in a downturn.” More than 50 of the 125 startups on the list since its inception in 2015 have reached or surpassed the $1 billion valuation mark either via new funding rounds, acquisitions or initial public offerings. One of the biggest winners was fintech Plaid, on the list in 2017, which

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