Venture Capital Gone Berserk: China + US Unicorns = $1.04 Trillion

For now, the boom times continue in the startup arena. Not only are China’s 109 unicorns worth more than the 127 U.S. billion-dollar-plus startups—$557 billion in total compared with $478 billion—but they also became unicorns considerably faster than their U.S. peers, data from Dow Jones VentureSource shows.