Why 2019 Wasn’t All Bad for Unicorns

While the recent headlines were negative, 2019 was still a pretty good year for fund raising.

Daniel Acker/Bloomberg

Daniel Acker/Bloomberg

Was 2019 the year that unicorns lost their mystique?

Investors saw the collapse in the valuations of several companies, including We — the parent of WeWork — and JUUL Labs. Other one-time unicorns saw their stocks plummet after going public, such as Uber Technologies and Lyft.


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