10 years on, Aileen Lee explains why focusing on unicorn valuations makes sense


In this episode of StrictlyVC Download, TechCrunch Editor in Chief Connie Loizos is joined by Aileen Lee, the founder of Cowboy Ventures. Lee coined the term “unicorn” in a TechCrunch article all the way back in late 2013. In this conversation, they discuss the ongoing liquidity crisis in the startup ecosystem, the secondary market’s evolution, and how VCs and founders alike are grappling with the post-ZIRP era. Plus Lee shares what’s on the horizon for Cowboy Ventures and how she’s thinking about AI’s impact on job creation, automation, and new business models — while also giving listeners a glimpse into Cowboy’s own recent team changes.

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