U.S. unicorn fever cools as deal terms toughen
Private company investors showed an abrupt caution for U.S.-based unicorn financings in the fourth quarter of last year with average valuations plunging and the use of tough deal terms on the rise. A recent Fenwick & West study is the latest piece of evidence to point to a cooling of interest in so-called unicorn deals as venture capitalists reassess exactly what their startups are worth.
10 February 2016•2 mins read
