# 38% of all unicorns in the world are owned by the top 10 VCs.

**Published by:** [Durwin](https://paragraph.com/@durwin/)
**Published on:** 2022-11-01
**URL:** https://paragraph.com/@durwin/38-of-all-unicorns-in-the-world-are-owned-by-the-top-10-vcs

## Content

Just ten firms own 38% of all 1143 unicorns currently on the market.Like everything in life, the best of any field or industry dominates over others by an enormous margin. “BestBroker’s report identified the top 10 entities that have invested in the largest number of unicorns. According to the data, just ten firms own 38% of all 1143 unicorns currently on the market. Accel leads the way with ownership in a staggering 67 companies valued at over $1 billion, while Tiger Global Management and Insight Partners both invested in 61 unicorns.” What is interesting is that of the top 10 VC firms in the world, 7 belongs to the U.S. China has 2 spots and of course, Softbank is there too. What would be fascinating is if we cross-compare this data to the number of IPOs or exits each of the top 10 VCs have. I wonder who will emerge winner?USA still dominates Unicorn ownership.Apparently A16Z, Accel, Sequoia and Tiger Global are all ranked highly on that metric. So where is the money flowing to? Software and Fintech, it seems. “Grouping these unicorns by industry shows an undeniable trend — the majority of VC money seems to be going to software and fintech companies.” ““Since the beginning of 2021 fintech unicorns grew by a staggering 330%, followed by internet software and services with 274% and cybersecurity with 267%. Next in the list are health, data analytics, logistics, and AI. We can clearly see how the trending industries are influenced strongly by the pandemic and the changes it brought about,” said Alan Goldberg, an analyst at BestBrokers.”Fintech and Software has always dominated the appetite of VCs, and probably will for the next decade.It makes sense, Fintech and Software has always dominated VCs money since the beginning of VC. But don’t sleep on Cybersecurity and AI. With more tech, more software, more data eating the world, cybersecurity is critical. Companies can no longer ignore it any longer and will spend top dollar to protect and safeguard their data, for their users and themselves. AI is developing, maturing and growing nicely over the years. As we see more interesting applications and implementations into real-world situations like AI for driving, solving complex problems, medical research, VCs will continue pouring in money to fund growth. What is interesting is that ecommerce is quite popular amongst VCs too. Given the rise of mobile and internet penetration in Asia especially, it makes sense why ecommerce is booming.Software and Fintech seems to be the bread and butter of all VCs.“The changes brought on by the pandemic are most evident in the growth we’ve seen in e-commerce. E-commerce and direct-to-consumer companies are strongly represented in the portfolios of all Asian entities on the list, with the industry taking first place in all three Asian firms.” Asia is growing, as predicted, for many years, by many people. Asia’s talent is maturing, we are gearing up for the next big wave, seeding thoughtfully in fields that will give us the extraordinary edge in the future. The startup ecosystem is maturing too, slowly but surely. I look at investing in Asia with great interest. Here’s to another decade of growth, opportunities and prosperity. - Will fintech and software continue to dominate in the future? - #startups #business #startupx #growth #success #socialmedia #culture #entrepreneurship #strategy #ecommerce #VC #venturecapital #growth #investment #unicorns

## Publication Information

- [Durwin](https://paragraph.com/@durwin/): Publication homepage
- [All Posts](https://paragraph.com/@durwin/): More posts from this publication
- [RSS Feed](https://api.paragraph.com/blogs/rss/@durwin): Subscribe to updates
- [Twitter](https://twitter.com/DurwinHo): Follow on Twitter