The Economist (April 4)
2020/ 04/ 06 by jd in Global News
“The unicorn reality check was under way before America declared a national state of emergency over covid-19 on March 13th. Venture capitalists reckoned that a third of American unicorns would thrive, a third would disappoint and a third would be taken over or die.” With the coronavirus acting as an accelerator, we might find out the fate for the 450 or so global unicorns more quickly than expected. “A shake-out looms.”
Tags: Accelerator, Coronavirus, COVID-19, Disappoint, Emergency, Reality check, Shake-out, Thrive, Unicorn, VCs
