Venture capital-backed companies raised more than $37B in Q3 2015 across 1,799 deals globally.
Q3’15 saw 23 new billion-dollar private companies compared to just 12 in the same quarter a year earlier. North America led all continents with 17 new unicorns created in Q3’15.
After a high of $56.5B in 2014, the first three quarters of 2015 already saw $57.9B invested into US startups. While more dollars are being deployed in the US, deal activity looks to come in closer to 2013 levels at the current run rate.
Listen to the Planet Money podcast about three bubbly barometers that some say signal a coming bust.
A herd of unicorns — startups valued at over $1 billion — are gathering in the Bay Area. Uber, Airbnb, Palantir… It’s not often in human history that so much wealth has grown so quickly in one place.
There is a boom on. But economists say you can’t call it a bubble till… well, until it goes POP.
Source: Planet Money