Unitard Index tracks 440 fallen unicorns with over $1.4 trillion in lost valuation

AccBalanced · x · 2026-10-27

The Unitard Index catalogs 440+ startups that were once valued at $1 billion or more but no longer are, representing over $1.4 trillion in evaporated valuation. It's dubbed an "Inverse Cramer Index" for VC-backed hype, with SoftBank and Tiger Global behind many of the names on the list.

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