2018 is shaping up to be a record year for private investing: VCs have already poured $73 billion into startups valued at $1 billion or more
65 companies have reached valuations of $1 billion or more in 2018, new data from Crunchbase reveals.
Private investors have poured $73 billion into “unicorn” companies in the first 7 months of 2018 alone — just $15 billion short of the total funding for unicorns in all of 2017.
In Silicon Valley, startups valued at $1 billion or more are nicknamed “unicorns” because originally they were so few and far between.
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