With stock markets hitting all-time highs in 2017, there has been an increase in the number of highly-valued tech start-ups going public.
Four Unicorns, private companies valued at $1 billion or higher, completed initial public offerings (IPOs) in the second quarter 2017. That was double what was seen in the first quarter and equal to the number of Unicorn IPOs for the entire year in both 2015 and 2016, according to data compiled by Goldman Sachs.
Research from Play Bigger, a Silicon Valley consultancy that works with VC-backed start-ups, confirms that Unicorns are growing faster in recent years. Should investors be looking to jump on the bandwagon?