While we wait to see how Gamestop and silver prices can be manipulated either by the big money of a few hedge funds or the combined big money of millions of individuals, here is an interesting chart of “unicorns” from 2015 (startups with a valuation of at least a billion dollars). Taken from an old , observes that just 6 years later, many are already much larger while other have disappeared. (Click to enlarge.)
This infographic can serve as a time capsule, and it will be interesting to see how things change in another 5 or 10 years. I support the ability to take big risks and seek to disrupt, but that also includes the acceptance of big failures. As long as they are publicly traded, I’ll be satisfied to own a part of the winners in my total market index funds.
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