It’s Time To Stop VCs Driving Entrepreneurship
The Horizons Tracker
APRIL 28, 2022
This has resulted in the share of overall employment in young firms falling from around half of the workforce in 1980 to just 39% by 2006. When the term unicorn was first coined in 2013 by venture capitalist Aileen Lee, there were just 39 private firms with valuations and revenue of over $1 billion. in 1985 to 5.3%
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