The unicorn funding slump is worse than you thought

Welcome to Q4, friends. If you were hoping to begin the final chunk of 2022 with good news, tough. We’re starting the quarter off with rough data instead.
Sure, we’re waiting on data dumps from CB Insights, PitchBook, and Crunchbase about Q3 venture capital aggregates, but one particular bellwether indicator that we track here at The Exchange is flashing weakness as we stare down a holiday- and event-filled race to the end of the calendar year.
We’re taking a look at unicorn fodder today. Unicorns eat capital and excrete value, at least in theory, a relationship that was in f

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