The Unicorn Initiative is a joint research project between the UC Hastings Center for Business Law and The Brattle Group.
There is no shortage of unicorn lists, but these tallies leave a key question unanswered for policy makers: what are the outcomes? How and when are unicorns exiting? What is the nature and frequency of unicorn litigation? Until recently, systematic analysis of these questions was premature. But now a critical mass of companies have been unicorns long enough to identify some patterns that may help policy makers and others understand better this relatively new and evolving market.
NEW March 2022 (Website): The Unicorn Initiative: Exits.
NEW March 2022 (Report): The Unicorn Initiative: Exits.
In the new Unicorn Initiative: Exits report, researchers from UC Hastings and Brattle analyzed the exit transactions of hundreds of unicorns to better understand their outcomes. The authors evaluated data on US unicorns between 2005 and 2021, describing the types of unicorn companies, their financing, and exit status.
Key findings from the report include:
The full report was coauthored by UC Hastings Professor of Law Abe Cable, Brattle Associate Adrienna Huffman, and former Research Analyst Shuyi Deng. Research Analyst Monet Lee contributed research assistance.
WATCH VIDEO: Panel Discussion from November 4, 2021, featuring Prof Abe Cable (UC Hastings), Ali Temaseb (DCVC), Rachel Proffitt (Cooley), Monique Winkler (SEC) and Evan Epstein (UC Hastings):
ABOUT THE UC HASTINGS CENTER FOR BUSINESS LAW
The Center for Business Law at UC Hastings was founded with the mission of bringing together leading scholars, business leaders, practitioners, regulators and students to engage in the study, teaching and practice of business law at UC Hastings. The Center aims to be the leading business law venue in San Francisco, one of the world’s great centers of commerce, finance and technology.
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