TechnologyStartups from the pre-ChatGPT era face a reckoning in...
Technology

Startups from the pre-ChatGPT era face a reckoning in private markets; PitchBook: half of US unicorns haven't raised in three years, 220+ are "fallen unicorns" (Hugh Son/CNBC)

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Hugh Son / CNBC:

Startups from the pre-ChatGPT era face a reckoning in private markets; PitchBook: half of US unicorns haven’t raised in three years, 220+ are “fallen unicorns”  —  Five years ago, venture capitalists were pouring money into American startups selling everything from lingerie subscriptions …





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