Mostly fintech presumably, because that’s where the quick money is. These companies will be sold off to the Chinese and Americans so that’s where the long term benefit is going to go.
michaelisnotginger on
I have found UK based VC companies are much much more judicious and stingy with money than the US unless you’re making so much revenue you might as well bootstrap. Which is why most VC backed companies in the uk go for US VC funding above a Series B
Rasples1998 on
Wait, I thought unicorns were mythical? We can just *make* them?
Electricbell20 on
Funny how the two comments kinda not being happy something good is happening are saying it’s bad for opposite reasons.
KellyKezzd on
Who then immediately list on the NYSE because LSEG doesn’t have the liquidity…
egg1st on
Ok, but if that VC is US based the majority of the profit flows into the US. Does that benefit us?
furry_simulation on
The article is saying the US created 762 unicorns and the UK created 57. The UK had a better hit rate per $ of investment. It didn’t “create more unicorns” as the thread title states.
TheGreatestOrator on
>per dollar invested
So this just means there’s less money being invested. The U.S. created 14X more unicorns over the observed period
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Mostly fintech presumably, because that’s where the quick money is. These companies will be sold off to the Chinese and Americans so that’s where the long term benefit is going to go.
I have found UK based VC companies are much much more judicious and stingy with money than the US unless you’re making so much revenue you might as well bootstrap. Which is why most VC backed companies in the uk go for US VC funding above a Series B
Wait, I thought unicorns were mythical? We can just *make* them?
Funny how the two comments kinda not being happy something good is happening are saying it’s bad for opposite reasons.
Who then immediately list on the NYSE because LSEG doesn’t have the liquidity…
Ok, but if that VC is US based the majority of the profit flows into the US. Does that benefit us?
The article is saying the US created 762 unicorns and the UK created 57. The UK had a better hit rate per $ of investment. It didn’t “create more unicorns” as the thread title states.
>per dollar invested
So this just means there’s less money being invested. The U.S. created 14X more unicorns over the observed period