SIGNS OF LIFE IN UNICORN-LAND

Summary from the TLDR Founders newsletter

The unicorn market has split into rockets and zombies, with no middle ground left. Out of 1,609 unicorns worth $6.2 trillion, winners like Databricks ($100 billion valuation, 50% growth) and Supabase (jumping from $900 million to $5 billion) are staying private to keep the spoils for themselves, while 28% aren't growing at all and over half fail basic financial health checks. The best companies are avoiding IPOs because they're growing so fast they don't need public money, while the zombies have nowhere to go but down.