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Despite IPO flameouts, 2019 sets record for US unicorn births

Updated : December 19, 2019 12:35 PM IST

The surge in the number of new unicorns is mostly due to the record amounts of venture capital being put to work.
So far this year 66 venture capital-backed unicorns were minted in the United States versus 58 in 2018.
Despite IPO flameouts, 2019 sets record for US unicorn births

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