Professor AnalysisSeptember 30, 2024
What is happening to China’s once-booming unicorn ecosystem? Why are unicorns, previously fueled by rapid growth and aggressive capital, now struggling to differentiate themselves? In this article, we explore why unicorns have now chosen to adopt more pragmatic strategies, how government-backed funds are becoming the dominant players, and what trends are shaping the future of startups. 01 The New Trends in China’s Unicorn Ecosystem. As high-risk, high-reward investments, the slowdown in the growth of unicorns is largely due to more cautious investors. According to data from the global venture capital platform Crunchbase, the amount of capital flowing into unicorn companies […]