TLDR:
Investors are shying away from early-stage startups, leading to a decrease in new unicorn sightings. Only two startups have become unicorns in 2024, indicating a trend of big investors focusing on established companies.
- Investors are going back to previously backed startups for bigger cheques
- Only two startups have become unicorns in 2024
Unicorn sightings among early-to-mid-stage startups have become rare as the ‘leap of faith capital’ is missing. Late-stage companies are receiving more attention from venture investors, and several well-known startups are currently in the spotlight for potential IPOs. The lack of new unicorns signals a shift in investor focus towards established startups.
