Has it felt like not just a unicorn-a-day in 2021, but a bit more?
No, you weren’t crazy. We minted 46 Unicorns a Month in 2021. That’s 1.5 a day:
Ok, 2021 isn’t quite over, but the trends are pretty much set. Crunchbase had some interesting slices on the overall markets, as you can see above.
You can see that 2021 was just an epic bump from 2020, and it was a step function. It picked up steam in Q4’20 and then all of 2021 was just … even more unicorn-y. We tripled the rate of unicorn production in 2021.
Not these aren’t all SaaS unicorns or even Cloud unicorns. Maybe 35%-40% could be called SaaS and Cloud, based on this analysis.
But it’s been jaw-dropping. Will 2022 slow down? There’s no reason to think so, even with the recent mini-crash in Cloud stocks. Most Cloud companies are growing faster than ever.
A related post here: