This is a great infographic from CBInsights that shows the acceleration in the number of unicorns being created over the past 18 months. This trend says more about the amount of capital available for this end of the market than a sudden change in the tech ecosystem's ability to create large businesses. Unfortunately, it makes very good press and is widening the perception that the whole of tech is in a bubble. This is not what we are seeing outside the unicorn club.
There are currently 141 unicorn companies globally. Recently, Mark Suster and the team at Upfront Ventures published their Venture Outlook 2016 report, which highlighted the insane pace at which billion-dollar companies are being created. With this in mind, we decided to visualize the increasingly crowded unicorn club.
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