The innovation economy has remained healthy this year against a backdrop of global trade tensions and an uncertain economic outlook. This optimism was underscored by a recent flurry of high-profile unicorn IPOs, providing investors and employees with long-awaited liquidity.

The landscape of venture capital is undergoing a sea change: a concentration of value in mega funds exceeding $1 billion and smaller funds under $200 million, with the space between hollowing out.

Our third-quarter 2019 State of the Markets report explores this environment and its many interrelated trends in the US and abroad.

Download the full report to learn more.