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GLOBAL NEW UNICORNS BY COUNTRY, 2010-JUNE 2021

GLOBAL NEW UNICORNS BY COUNTRY, 2010-JUNE 2021

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Industrial policy is experiencing a major revival in the United States as policy-makers and pundits of various ideological backgrounds propose ambitious new government schemes to boost innovation in a wide variety of sectors. Much of this advocacy focuses on creating detailed blueprints to encourage industrial development in various "strategic" hig...

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... "In terms of the global distribution of startup success," notes the State of the Venture Capital Industry in 2019, "the number of private unicorns has grown from an initial list of 82 in 2015, to 356 in Q2 2019," and fully half of them are US-based. 171 Data from CB Insights, a tech research group that tracks global VC activity, shows that from 2010 to mid-2021 the United States created 53 percent of global unicorns, compared with 20 percent for China (see figure 4). Even during the COVID-19 crisis, "VC not only survived, but thrived," posting a record year in 2020 with deal volume topping $130 billion. ...