Posted on

Are we about to see a unicorn selloff?



Share

Welcome to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. 
Welcome to the weekend! We have a lot of ground to cover today, so pour some coffee, settle in, and roll with me.
The great selloff?
Remember when Amplitude direct listed, started to trade, and then ran into a wall when it reported Q4 2021 earnings? It was hardly alone amongst public tech companies in taking a haircut in early 2022, but the scale of its repricing stood. Now, Instacart is undergoing something similar-ish, albeit on the private markets.
Should we expect more private companies to also shake up how they value their share price to better incent new hires to join and current employees to stay? Maybe. GGV’s Jeff Richards had some food for thought Friday:

Yep. There’s no avoiding the market. You can put off reality by raising venture capital and not seeing a repricing until you raise again. Sure. But if you are a late-stage uni …

Read More