The most comprehensive list of Unicorns (private companies worth more than $1b)- The growing club in Silicon Valley and beyond

1. Think+Thinkplus.vc
Insights from Club 85:
The 2015 Unicorns
January, 2015
Safa Rashtchy

2. Highlights
§ The VC community considers private companies with a valuation of
over $1b to be a “Unicorn” – a highly unusual occurrence
§ As of January 2015, we have counted 85 Unicorns – the most
comprehensive list yet published- with a combined market
valuation of $285B
§ Consumer Sector accounts for a majority of Unicorns; we expect
Transportation, and Consumer Services sectors to increase their
share of unicorns in the coming years
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3. U.S$$67%$
China$
19%$
Europe$
5%$
Other&
8%&
Think&+& & & & & &Thinkplus.vc&
2015$Unicorns$:$By$Region$
China is Becoming A Major Source of Unicorns
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4. Consumer Sector Dominates
Consumer)
57%)
Enterprise)
36%)
Consumer/
Enterprise))))
7%)
Think&+& & & & & &Thinkplus.vc&
2015)Unicorns)9)By)Sector)
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5. Consumer Sector Dominates
Consumer sector companies dominate with a nearly
60% share of the Unicorns, based on the number of
companies. On a market-cap basis, consumer sector is
nearly 75 % of the total Unicorns.
Think+
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6. Further Analysis Shows Consumer Utilities and Content is
the Single Biggest Area
Consumer))
U+li+es,)content,)
etc.)
25%)
Enterprise))
So8ware/Services)
14%)
e?commerce)
11%)
Transport/)
Travel)
8%)
HealthCare)
7%)
Consumer)
)Electronic)
6%)
Cloud)Technology)
5%)
Game/
Entertainment)
7%)
Payment)
4%)
Other)
14%)
Think&+& & & & & &Thinkplus.vc&
)
2015)Unicorns)?)By)Industry)
)
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7. On a Market-Cap Basis, Uber and Xiaomi Shift the
Sectors
Consumer)U+li+es/
content,)etc.))
17%)($48)B))
Transport/Travel)
21%)($59)B))
Consumer)Electronic)
18%)($52B))
eDcommerce)
9%)($23B))
Other)
14%)($37)B))
HealthCare)
5%($15B))
Payment)4%($11B))
)
Game/
Entertainment)4%
($13B))
Cloud)Technology)
2%)($7B))
Enterprise)SoOware)
Services)
5%)($16B))
Think)+) ) ) ) ) )Thinkplus.vc)
Unicorns)as)of)2014)D)By)Market)Cap)
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8. Excluding Uber and Xiaomi, Consumer Content is Still the
King
Page 8Confidential and Trade Secret-Do Not DistributeThink+
Consumer)U+li+es/
content,)etc.)
24%)($48B))
Transport/Travel)
9%)($19B))
Consumer)Electronic)
4%)($7B))
eCcommerce)
13%)($26B))
Other)
19%)($37B))
HealthCare)
7%)($13B))
Payment)
6%)($11B))
Game/
Entertainment)
6%)($13B))
Cloud)Technology)
3%)($7B))
Enterprise)
SoOware/Services)
8%)($16B))
2015)UnicornsC)By)Market)Cap)
(excl.)Uber)and)Xiaomi))

9. The Full List
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10. The Full List (Cont.)
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11. More info at Thinkplus.vc
Think+
Thinkplus.vc
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