List of Unicorn Startups 2022 in USA, Networth, Logo, Companies, Establishment, Valuation, Features and more
In the venture capital industry, ‘’unicorn’’ is a term used to describe a privately held startup company with a value of over $1 billion. In 2013, venture capitalist Aileen Lee first introduced the concept. SpaceX, Robinhood, and Instacart are some popular unicorns. As of March 2022, there are more than 1000 unicorn companies around the world. In the U.S. some of the more popular unicorns are home-sharing giant Airbnb, Video game company Epic Games, Fintech companies Robinhood and SoFi. The mythical animal is used to represent the statistical rarity of such successful ventures.
Establishment
According to Lee, the First unicorns were founded in the 1990s. Plenty of unicorns were born in the 2000s, Meta, formerly Facebook is the decades only super unicorn. Companies with a valuation of over $10 billion are sometimes referred to as ‘’decacorns’’.
Valuations
The value of a unicorn is based on how investors and venture capitalists feel they will make growth or development, In popular business and finance, discussions unicorn is a regular feature. According to a report by CBInsights, as of August 2021, there are more than 803 unicorns.
The top 5 unicorns are :
Bytedance with a valuation of $140 billion.
SpaceX with a valuation of $74 billion.
Didi Chuxing with a valuation of $62 billion.
Stripe with a valuation of $36 billion.
Uipath with a valuation of $35 billion.
Features
Technological advances
Startups are taking advantage of new technology. Startups are creating the ability to expand their business at a rapid rate. Smartphones, cloud computing, and social media applications are used for the growth of unicorns.
Prevention of IPO
Companies don’t need to go through an IPO for obtaining capital, they can go back to their investors for the required capital. IPOs also run the risk of company’s devaluation thus, Unicorn startups has no plans for IPO.
Rapid growth
Some startups took 8/10 years to become a unicorn while some took only couple of months. Unicorn startups are distributed across sectors like autotech, cyber security, data and analytics, e commerce, edtech, fintech, hardware, healthcare and biotech, internet software and services, media, real estate and facilities, social, traveltech, on demand and other.
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