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There are over 1,200 private companies valued at $1B+ in the world today — and more than 7,300 investment firms with equity stakes in them.
Many of these unicorns were minted during the 2021 venture boom, but the unicorn birth rate has plummeted as private markets slowed over the last year and investors pulled back.
In this brief, we use CB Insights data to look at which investors have backed the most unicorns, how their portfolios are performing, and how the list has changed over the years.
