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action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home4/scienrds/scienceandnerds/wp-includes/functions.php on line 6114Source:https:\/\/techcrunch.com\/2023\/04\/25\/its-beyond-time-we-started-worrying-about-unicorn-exits\/<\/a><\/br> For a single<\/span> year, it appeared that the venture gambit was going to work out: Hundreds of startups hoped to be worth billions on paper and exit in good order. Sadly for investors and founders alike, that year \u2014 2021, as I am sure you\u2019ve guessed \u2014 turned out to be more of an outlier than an indicator of a new normal.<\/p>\n The Exchange explores startups, markets and money. <\/em><\/strong><\/p>\n Read it every morning on TechCrunch+<\/a> or get The Exchange newsletter<\/a> every Saturday.<\/em><\/strong><\/p>\n Since 2021, the value of American startups has cratered and how: Total exit value last year was only around 10% of 2021\u2019s total, according to a recent PitchBook report<\/a>. Thus far in 2023, exit value is even more in the dirt. If we annualize the startup exit value of Q1 2023, the total value of M&A and IPOs of American private tech companies would be around 68% less than the already-depressed numbers of 2022.<\/p>\n Leaning on several<\/a> PitchBook reports<\/a>, TechCrunch+ has compiled the following graph of American venture-backed startup exits from 2012 through the first quarter of 2023:<\/p>\n<\/p><\/div>\n <\/br><\/br><\/br><\/p>\n
\nIt\u2019s beyond time we started worrying about unicorn exits<\/br>
\n2023-04-25 21:46:22<\/br><\/p>\n
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