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2019 was almost the record year for IPOs and venture capital (VC) investors. The year 2018 was No. 1 for the number of new unicorns, the total dollar amount of VC investment, and a few other metrics; 2019 came in second in many of these categories.
Does this mean 2018 was the peak, and we can expect things to move downhill from here? Perhaps a look at potential high-profile IPOs in 2020 can give us a hint.