Why are unicorns pushing back IPOs when the Nasdaq is near record highs?

The unicorns are still at it, Vision Fund 2 or no Vision Fund 2.

This week, Instacart announced that it has raised fresh capital at a valuation north of $13 billion.

Both announcements make it plain that late-stage unicorns are still able to attract huge sums despite a putatively uncertain, if recently excitable IPO market.

As the private company’s final investors won’t want to merely break even on their investment, Instacart | To read full story, visit https://startuparound.com/read/1591971409.1849005/Why-are-unicorns-pushing-back-IPOs-when-the-Nasdaq-is-near-record-highs?-–-TechCrunch?ref=audio_experience