Hey look, unicorns are rare again!

Investors are no longer minting nearly two unicorns per day. In fact, we’re down to barely more than one new mythical horned horse per week.

Welcome to the new venture normal, where it seems stories of previously well-funded startups imploding will be more common than news of mega-rounds.

Tracking the global venture slowdown is a two-fold task: First, you have to monitor the slowing flow of venture dollars into startups, and second, it involves watching valuations contract as pre- and post-money valuations wilt under stricter investing conditions.


The Exchange explores startups, markets and money.

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