Breaking News: Prime Unicorn Index Closes at a New All-Time High
A New Record The Prime Unicorn Index closed at 314.08 on August 12, a new all-time high. The record breaks the previous mark of 311.26, set just eight days earlier on August 4. The Index has now climbed for two straight weeks, even as its largest component pulled back in between. Four companies drove most […]
This Week in the Index – Whatnot and Hadrian Raise Huge Rounds
Week of August 6 – August 12, 2026 Quick Summary Welcome back to This Week in the Index, where we’ll give a brief overview of what happened this week among Prime Unicorn Index components. The summer lull appears to be ending, with massive rounds raised from the likes of Whatnot and Hadrian. The Prime Unicorn […]
Breaking News: Anthropic Dethrones SpaceX- A New No. 1 in the Prime Unicorn Index
A Changing of the Guard For the first time since 2021, SpaceX is no longer the No. 1 ranked company in the Prime Unicorn Index. Following a recent secondary transaction at $925 per share, a 57% increase from its prior observed price, Anthropic moved into the top position. Based on Prime Unicorn Index component data […]
This Week in the Index- Anthropic Takes the Throne
Week of July 30 – August 5, 2026 Quick Summary Welcome back to This Week in the Index, where we’ll give a brief overview of what happened this week among Prime Unicorn Index components. Anthropic leaps to the top of the Index following a secondary transaction, dethroning SpaceX for the first time since 2021. The […]
The Part of the Book RIAs Can’t Price
Ask for a trade-in quote on a client’s car and the number comes back in seconds: mileage, condition, what similar models sold for last week. Now ask what the client’s pre-IPO stock options are worth. There’s no comparable answer. The only number on file is the 409A from the company’s last funding round, whenever that […]
This Week in the Index- Recent IPOs Take a Beating
Week of July 23 – July 29, 2026 Quick Summary Welcome back to This Week in the Index, where we’ll give a brief overview of what happened this week among Prime Unicorn Index components. Quiet week among primary rounds and secondaries, while Cerebras tumbled into Wednesday’s close. The Prime Unicorn 30 Index is −1.2% week […]
This Week in the Index- Freenome Goes Public via SPAC
Week of July 16 – July 22, 2026 Quick Summary Welcome back to This Week in the Index, where we’ll give a brief overview of what happened this week among Prime Unicorn Index components. After delays, Freenome finally sees its public debut. The Prime Unicorn 30 Index is +2.4% week over week. Primary Rounds & […]
The Q3 Reconstitution: Fresh Funding Reshapes the Prime Unicorn 30
Every quarter, the Prime Unicorn Index reconstitutes to reflect the evolving private-market landscape. Using the Index’s rules-based methodology and the latest available pricing data, companies are re-evaluated, re-ranked, added, or removed as their valuations and eligibility change. The Q3 2026 reconstitution took effect on July 15, 2026. Its defining feature was the arrival of three […]
The Missing Benchmark in the Family Office Portfolio
Imagine valuing your real estate at exactly what you paid for it, and only updating that number the next time you sell. No appraisals, no comps, no updates. Nobody manages property that way, yet that’s exactly how most private company holdings are valued: a mark gets set at a funding round, then sits frozen for […]
What Goes Up Doesn’t Always Stay Up: This Quarter’s Unicorn Casualties
Every quarter, the Prime Unicorn Index reconstitutes to reflect the current state of the private markets, adding newly minted unicorns and removing companies that no longer qualify. This quarter’s departures are a useful reminder that crossing the $1 billion threshold is a milestone, not a guarantee. A valuation is only as good as the last […]