Unicorn Market Cap 2023: Rise of AI

[This post co-authored with Shreyan Jain]We’ve previously explored the geographic distribution of global unicorn market cap in 2019, 2020, and 2021. In the past, we’ve used this analysis to highlight trends like the concentration of tech startups in specific industry-towns, a slowdown in new unicorn creation in China, and the prevalence of post-Covid remote work policies in the Bay Area. A lot has happened since early-2021, including public tech market and multiples highs, ZIRP (Zero Interest Ra...