On January 4th, 2023 Term Sheet, a well-known financial newsletter by Fortune (typically regarding PE/VC) posted a series of predictions regarding the calendar year 2023.
One of these predictions was the following:
“At least a dozen unicorns and public companies will go bankrupt, throwing additional cold water on the venture market.” —Rick Zullo and Richard Kerby, co-founders and general partners, Equal Ventures
I will not attempt to initially define all resolution criteria in this market and will instead attempt to handle any nuances/complications/data feasibility as it arises. If by end of 2023 I think it is not possible to confidently resolve this market in the spirit in which it was intended, I reserve the right to resolve as "n/a".
Any clarifications to the resolution criteria will be listed below, along with the applicable date:
[TBU]
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@firstuserhere not sure I understand your question - my read of this prediction is that it would resolve positively if 12 companies that are either unicorns or public companies go bankrupt. So I don't believe your question would make a difference.
@CarsonGale ah, my mistake. Read too fast and missed the 'public companies' bit, think the question was about unicorns only, and was wondering what happens once a unicorn goes public