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Pony hair, don’t care: Half of the $1 billion+ exits this year were NOT unicorns

Last week there were a few “unicorn reports” about how things have fared in terms of valuations in the first half of 2016. Yunno, the year we were supposed to have a huge correction. What we have had -- champagne corks!-- is a slowing of new unicorn births and a sudden revival of actual exits worth more than $1 billion. Not “kinda IPOs” where Fidelity backs your startup because you won’t take it public and mutual funds have to put its growth-oriented money somewhere.
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