The World’s Unicorns Are Now Valued At $3T — Up By A Trillion In The Past Year. Who Invested?

Murray Indick, co-chair of Morrison & Foerster’s Emerging Companies and Venture Capital practice, spoke to Crunchbase News for an article looking at who invested in the world’s unicorns, which are now valued at $3 trillion—up by a trillion in the past year.

“The quantity and quality of great businesses seeking capital, coupled with the large amount of dry powder from interested investors, leads us to expect the second half of 2021 to mirror the past six months,” Murray said. “The first macro-economic factor we are watching is increased interest rates from the Federal Reserve Board (and not volatility in the U.S. public equity markets).”

Read the full article.