Armageddon will have to wait: The market for unicorns is not falling apart

GUEST: Fidelity Investments last week again marked down the valuations of some of the highest-flying unicorns in its portfolio. Not surprisingly, the front-page news stoked the current narrative that the market for late-stage venture-backed companies is falling apart. A look at two different sets of numbers tells an entirely different story. More companies rising than falling […]