Skip to main content

Values of European unicorns plunge amid sharp fall in public markets


A rough year in public markets has taken a heavy toll on startups. According to new research, every unicorn in Europe that went public in 2021 has since shrunk in valuation. The losses follow record-highs for VC exit valuations in 2021. PitchBook, a financial data firm, attributed the downturn to a shrinking public market. The company found that 13 unicorns went public during 2021’s bull market and IPO frenzy. Yet none have gone on to have positive share price returns. Their numbers paint a gloomy picture. By the end of 2022, more than half of them had lost over 75% of their…

This story continues at The Next Web https://ift.tt/PuAd3qb
Read full article: The Next Web
Labels:

Comments

Post a Comment

What's new?

Popular posts from this blog

My credit

February 05, 2014 at 10:23AM: This app offers detailed information on how to repair your own credit, it\'s function is only to provide information on how to do it by sending letters to the three credit reporting agencies, this app is to help those that want to correct negative information from their credit reports, without having to use the services of a professional credit repair agency, though the option of doing so is also available with the owner of this app. Read full article: FeedMyApp
Post a Comment
Read more