Stock futures point to lower start on Wall Street


CNBC 11 October, 2021 - 02:48am 11 views

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FTX Tops List of 127 New Unicorns in the Third Quarter of 2021

Business Insider 11 October, 2021 - 04:00am

FTX, founded by Sam Bankman-Fried, was the most valuable new unicorn at $18 billion, topping the list of freshly minted unicorns in the third quarter, according to data from research firm CB Insights, which recently released its quarterly report on the state of venture capital. Altogether, global venture funding hit $158.2 billion last quarter, surpassing the second quarter's $156.2 billion total, the research firm said.

Between July and September, 127 startups hit $1 billion or more in valuation. That total is just shy of the second quarter's record 140, according to CB Insights.

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