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Negative correlation between NASDAQ and number of unicorns founded in the corresponding year seems really interesting. Any deep thoughts on this ? > The best t
by onuryavuz 11y ago
Negative correlation between NASDAQ and number of unicorns founded in the corresponding year seems really interesting. Any deep thoughts on this ?
> The best times to start a unicorn company could be a) post the launch of a watershed new tech platform; and b) during a prolonged public market downturn. Without many great jobs available, the reduced opportunity cost and related hardship may spawn great innovation and grit.
- onuryavuz 11y agoOn a second thought I can come up with 1) the rise of an unusually high number of billion dollar companies may signal an impending market correction and 2), a low number of billion dollar companies are founded during times of market over-exuberance.
- onuryavuz 11y agoAlso, we haven't had enough time for some of the companies that have been started more recently to get to the billion dollar valuation? I bet if you look at this in five years more companies are it's more of a straight line.
- deleted 11y ago[deleted]