Unicorns May Be Down, But They’re Not Out

Investors continue to bid up a slew of private companies to $1 billion-plus valuations.

Bigstock photo

Bigstock photo

Investors apparently still think there’s a lot of value in startups, and in private companies in general.

According to a new report from Crunchbase, at least 34 unicorns — private companies valued at $1 billion or more — were newly minted in May alone.

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