AP / Leo Correa
10 tech unicorns went public or got acquired between April and June 2018.
The startup market has reached a point of maturity, with more and more startups seeing their valuations explode thanks to fruitful initial public offerings and acquisitions, according to Goldman Sachs' Views from the Valley report, published last week.
Despite a name that indicated uniqueness, quite a few startups are unicorns - private companies valued at $1 billion or more. In recent months, the number of unicorns has nearly tripled, rising from 54 at the beginning of 2017 to 158 in the second quarter of 2018, according to the report.
But as the market gets more mature, the number of new unicorns is decelerating. Between 2014 and 2016, there was an average of 15 to 16 new unicorns each quarter. Now, there is an average of 5 to 6, though Q2 2018 only saw one new unicorn: the gaming communication software company Discord, which was last valued at $1.6 billion.
Meanwhile, more and more of these $1 billion+ companies have seen big exits in the last few months, both through IPO and acquisition.
In Q2 2018, 10 of these unicorn tech startups had major exits. These were the biggest exits, according to Goldman Sachs:
Get the latest Goldman Sachs stock price here.