In 2017, there were 57 startups that crossed the unicorn threshold, and they range from well-known companies, such as Reddit or Quora, to rapid-risers like China’s Toutiao (now valued at $20 billion), which has seemingly come out of nowhere.Investors have conviction that these companies will provide the platforms and products of the future, and they are placing big bets on them to deliver.
Will they live up to the hype, or will they ultimately end up in the unicorn graveyard?
| Year | # of Unicorns | Largest Unicorn |
| 2009 | 5 | BloomEnergy |
| 2010 | 6 | Groupon |
| 2011 | 15 | Airbnb |
| 2012 | 13 | |
| 2013 | 20 | Uber |
| 2014 | 62 | Slack |
| 2015 | 81 | Vox Media |
| 2016 | 43 | Compass |
| 2017 | 57 |
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