So Openview has a bunch of great metrics in its latest SaaS Benchmark report here.
One that stood out to me was this great chart summarizing the steep fall in Unicorn production:
Unicorn “production” has now fallen 80%-85% in Q3, and probably has further to fall. At the peak of 2021, 40 Unicorns were being minted every month. It really was like that. Now we’re down to 8 — and falling.
Yes, you might be one of the 8. I hope you are. Just share the chart above with any of your cofounders or teammates who don’t quite have a sense of how things have shifted lately.
And this infographic may not be fun but it does a good job of explaining venture today:
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Jason Lemkin, Khareem Sudlow
