Unicorn companies are booming, despite the pandemic's economic effects

Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page.This article was created by StackCommerce. Postmedia may earn an affiliate commission from purchases made through our links on this page.Article content

While the COVID-19 pandemic provided plenty of economic turmoil over the last 18 months, it appears unicorn companies are going through a kind of population boom, with venture capitalists not hesitating to take advantage of the growth. CB Insights reports that there are now 701 private companies exceeding the $1 billion valuation cutoff for consideration as a “unicorn” and there are 10 companies considered “decacorns,” which represents a valuation of over $10 billion.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cruise ships 101: Industry plagued by pandemic outbreaks plots comebackCanada's $4-billion cruise ship industry is a key part of the country's domestic tourism sector. Small poop and pee cities dumping into our oceans ! Cruise ships dump raw sewage into BC coastal waterways endangering wildlife and the environment. What a joke. I can't think of anything worse than being on a floating petri dish with all the great unwashed.
Source: CTVNews - 🏆 1. / 99 Read more »