Unicorn Tracking: A New World Map
summary
Global unicorns shift: by 2021 just 51% of new unicorns are U.S.-born, 17% from China and 32% from the rest of the world. An organization working in 41 emerging markets channels capital and networks and its Endeavor Catalyst fund backs 53 unicorns. Case studies: Patagon sells for $750M (~$1.2B today), Mercado Libre IPOs on Nasdaq in 2007, Globant IPOs on NYSE in 2014, Careem exits at $3.1B. Research shows the three to four big bubbles — founder role models who train, mentor and invest — reliably jumpstart new ecosystems.
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