Power Law Investor Ranking
Unicorn count vs. stage-adjusted value per bet
Each dot is one VC. Horizontal: number of unicorns with a disclosed valuation (5+ minimum). Vertical: average current valuation × stage multiplier (seed × 100%, Series A × 30%, Series B+ × 10%).
Companies without a disclosed valuation are excluded from the per-investor average. Stage = the earliest round the investor entered. Source: Dealroom Power Law Investor Ranking 2026.