Unicorn economy up 70% since Sept '24
The unicorn economy has risen approximately 70% on average since September 2024, mirroring the public market's strong performance.
Snapshot · All-In with Chamath, Jason, Sacks & Friedberg
Thomas Laffont: The $4T AI IPO Wave, 2026's Unicorn Economy, and the 10X Paradox
Explore episode
Jun 4, 2026
Where this was said
Coatue's Thomas Laffont joins the Besties!
At 0:14 · chapter starts 0:00
The episode opens with a light-hearted exchange as Thomas Laffont — a notoriously media-shy investor — jokes that he held out all his 'ankle biter' podcast requests for the All-In crew. With $55 billion under management, Coatue is one of the most influential hedge funds of the past two decades, and Laffont's decision to debut here signals both the importance of the moment and the audience he's addressing. In just 30 seconds, the hosts establish the weight of what's coming: a full-blown data presentation on the unicorn economy, delivered live at the All-In Summit.
The Unicorn Economy Is Back — But Radically More Concentrated
The unicorn economy is up 70% since September 2024, but the gains are hyper-concentrated. AI has taken over fundraising while the number of new unicorns has collapsed to pre-COVID levels — meaning the funding per unicorn has risen 5x since 2021.
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