Here in New England, it’s getting chilly. The leaves are changing, the Patagonia vests have come out. Everyone’s mind has shifted towards the impending winter. And on the other side of the country, people are preparing for a different kind of winter — the unicorn winter.
While everyone is having a great time picking on unicorns, we need to stop pointing fingers and start focusing our energy on helping these companies not only survive, but thrive in the face of down rounds and a weak exit landscape. Afterall, the livelihoods of real people are at stake. At last count, PitchBook estimates that 91 unicorns employ around 57,000 people in the U.S.
