Prime Unicorn Index Blog
Data. Insights. Reports. New Funding. Oh my.
Components in the News #9: DataBricks Acquires Okera, Ripple Spends $200M on Legal Defense, & More
What our Analysts Have Been Reading…. Overview Databricks Acquires Okera Brex Announces New Global Capabilities Ripple CEO Claims Legal Fight with SEC Will Cost Company $200M Juul to Pay $462M to Six States Over Youth Addiction Claim National Resilience Secures...
New Components: Q2 2023
Last week was Reconstitution week for the Prime Unicorn Index, meaning companies meeting the eligibility requirements were added as components, while those who have lost their unicorn status were removed, according to the methodology. This quarter, we are excited to...
Components in the News #8: Devoted Health Cuts Losses, Leaked Documents’ Ties to Discord, & More
What our Analysts Have Been Reading…. Overview Devoted Health Narrowed Losses in 2022 Leaked Intelligence Documents May Have Originated on Discord Databricks Launches New Lakehouse for Manufacturing Gopuff Turns to Uber for Delivery Help Montenegro to...
Prime Unicorn Index Falls 4.31%
Industry Leading Benchmark tracking U.S. Venture Capital-Backed Unicorns has significant downward price movement as companies reprice their private securities to reflect current fair market valuations more accurately.
Components in the News #7: Raises, Rockets, and Removals
What our Analysts Have Been Reading…. Overview SpaceX Planning a New Raise Brex Expands into Travel Services Relativity Launches Terran 1 Rocket, But Fails to Make Orbit Carta Removes Public Companies from its Platform EquipmentShare Announces...
Recent Changes in Talkdesk’s Leadership
Recently, Prime Unicorn Index component Talkdesk has been changing its leadership and hiring many new executives. These hirings include William Welch as President and COO, Shane Evans as CRO, and Andrew Dubrov as CCO. According to Business Wire, Welch will work...
Components in the News #6: SVB Fallout, Continuing AI Craze, & More
What our Analysts Have Been Reading…. Overview Brex Is Helping Startups Borrow More Than $1 Billion To Meet SVB Payroll Crunch Gopuff Makes Another Round of Layoffs Rippling Struggles to Provide Services to Customers Instacart Implements ChatGPT...
AI in the Prime Unicorn Index
Lately, many venture funds’ attention has turned to AI startups. For example, companies such as Salesforce have recently launched AI-specific funds, and VCs have been allocating more funds to generative AI, with as much as $2.1B dedicated to the space in 2022, a 425%...
Components in the News #5: NFT Rental Properties, SpaceX Delays, & More
What our Analysts Have Been Reading…. Overview Roofstock Sells Rental Property Via NFT Whoop Lowers Subscription Prices Via in Talks to Acquire Citymapper SpaceX Mission to ISS Called Off at Last Minute Altria Plans to Sell its 35% Stake in Juul...
Leadership Changes at LaunchDarkly: Dan Rogers Named as New CEO
Edith Harbaugh, Co-Founder of Catamorphic (DBA: LaunchDarkly), will be stepping down from her role as CEO and will be succeeded by Rubrik President Dan Rogers, according to Bloomberg. The move will see Harbaugh shift to the position of executive chair of the company....
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