Silicon Valley sees record 25 "unicorn" companies emerge in Q1 - 0 views
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escalon2020 on 19 Apr 21The pandemic apparently has not troubled the course of venture funding as a slew of private companies in the Bay Area have ballooned in value since January. In 2021's first quarter, California's Silicon Valley marked 25 private companies that topped $1 billion in valuation, meeting the de facto definition of a unicorn, per PitchBook Data. This year's quick pace has in just three months surpassed 2020's total of 46 unicorns over 12 months.
