Late Stage Mature Pre IPO Unicorns -

Scrambling For An Egg Replacement? Plant-Based Eggs Haven’t Yet Cracked The Market   “Sorry! There’s an egg shortage and we are not immune,” said a sign in my local Trader Joe’s. It was placed inside the refrigerator that once held organic eggs, large eggs, duck eggs and quail eggs. It was empty. An outbreak of avian influenza (or “bird flu,” as you might have heard it be[…]

Stripe Trims Internal Valuation Again As Unicorn Share Prices Plummet Payments unicorn Stripe has cut its internal valuation by 11% to $63 billion, The Information reported, citing a source familiar with the matter. Even at that valuation, the San Francisco-based company remains one of the most highly valued private companies in the world. But its latest cut is indicative of the falling valuations for unicorn startups over the[…]

Europe’s ‘soonicorns’: Who will be next to reach a €1B valuation?   In 2022, Europe registered its second-biggest year for newly minted unicorns, but the continuing downturn could put on damper on further creation. A total of 46 European and Israeli companies crossed the €1 billion threshold last year, according to PitchBook data. Companies including payment network provider Satispay and edtech specialist Multiverse were among those to join the[…]