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Twelve startups have either IPO’d or been acquired after being valued at $10 billion or more by venture capitalists. Eight of them are valued higher than their last known private market valuation, as of yesterday’s market close. The only non-public company in the group is Flipkart, which sold a majority stake to Walmart.Four of them are lower, with WeWork (theoretically) expected to join as the fifth.

Dan Primack in Pro Rata

Unicorn is a mythical creature and does not exist. Time and again, the faulty valuations and lofty expectations prove that. Square, Box, Pinterest, and now WeWork…. I suppose we should stop this marketing claptrap and get to being real about companies, their businesses, and their prospects.

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Om Malik

Om Malik is a San Francisco based writer, photographer and investor. More....

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Letter from Om

A (nearly) daily dispatch about tech & future.

You will get my reporting, analysis, conversations, and curation of the essential information you need to make sense of the present future.

Check your inbox or spam folder to confirm your subscription.

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