Where Unicorns Be

In the tech world especially, investors are always on the search for the next unicorn – a private company valued at one billion dollars or more – to sink their money into for a big payoff further down the line. High-profile examples of such companies are Uber (valued at 68 billion), Airbnb (30 billion) and SpaceX (12 billion).

As Statista’s Martin Armstrong shows below the country where investors are most likely to find a company with such potential is currently the United States. With 96 unicorns based there as of November 4, second-placed China comes a distant second with 37. In Europe, The UK leads Germany with 7 unicorns to 4.

Infographic: The U.S. Is Home To The Most Unicorns | Statista
You will find more statistics at Statista

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With the current collapse of the FANG stocks, one wonders how long the ‘stable’ of unicorns in America will last.

via http://ift.tt/2eADOMZ Tyler Durden

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