OpenView: Unicorn Production is Down 80%. And Falling. | SaaStr

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So Openview has a bunch of great metrics in its latest SaaS Benchmark report here.

One that stood out to me was this great chart summarizing the steep fall in Unicorn production:

Unicorn “production” has now fallen 80%-85% in Q3, and probably has further to fall.  At the peak of 2021, 40 Unicorns were being minted every month.  It really was like that.  Now we’re down to 8 — and falling.

Yes, you might be one of the 8.  I hope you are.  Just share the chart above with any of your cofounders or teammates who don’t quite have a sense of how things have shifted lately.

And this infographic may not be fun but it does a good job of explaining venture today:

Published on November 8, 2022

Go to Publisher: SaaStr
Author: Jason Lemkin