Ilie Ghiciuc - 16 Oct 2024
Why It’s Harder for Tech Startups to Secure $1B Valuations Today
In the early 2000s, achieving “unicorn” status—a $1 billion valuation—was often the result of a strategic blend of growth, innovation, and venture capital. However, the tech landscape has shifted dramatically in the last two decades. By 2020 and 2021, the scene was further transformed by the COVID-19 pandemic and the influx of a $2 trillion economic stimulus, sparking a surge in venture funding and soaring tech valuations.