The amount of “dry powder” earmarked for the Alternatives Market is said to exceed $4 trillion. While the sector continues to attract new money, the competition for deals should be rising – in fact finding good deals is more difficult as economic conditions remain tight and impose funding discipline.

The extraordinary number of new unicorn companies isn’t necessarily a sign of booming corporate prospects and innovation. It’s as likely due to too much cheap money chasing the market, deliberate hype and deluding the masses as to their value.