This Company Says It Has Identified the Next 10 Unicorn Startups
The number of new unicorns born in the fourth quarter last year declined sharply from the third quarter, from 23 to nine worldwide. As the "smart money" dries up, identifying the most promising new startups gets even more interesting.
ROKO Labs thinks it has come up with a way to predict which companies are most likely to beat a possible bubble burst. The mobile platform company used Crunchbase data to identify early-phase startups that have funding from at least three "unicorn hunter" investors, or investors known for backing startups that have grown to a private valuation of more than $1 billion.