In the battle of the unicornsis the last startup standing.
The data management company defeated Airbnb to earn the title of "most undervalued unicorn" in venture capital database CB Insights's first ever unicorn bracket. The online survey pit 64 startups valued at $1 billion or more against each other in a single-elimination contest and asked voters to choose the companies they'd invest in at their current valuation, based on head-to-head competitions between unicorns.
"We want to use this bracket to invoke the 'wisdom of the crowds,' and understand what the general sentiment around companies are," says CB Insights analyst Nikhil Krishnan.
Companies eliminated in the final rounds of the contest included BuzzFeed, GitHub, Lyft, Slack and Stripe.
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