Perhaps. A VC portfolio full of unicorpses does look kinda like a bad neighborhood. Limited partners might get scared off.<p>Or maybe a good VC firm that also has some huge hits would just explain that they&#x27;re just swinging for the fences, so sometimes they&#x27;ll have a spectacular miss or two.<p>Honestly, I can&#x27;t wait for a few unicorns to fizzle. But only because maybe then the whole &quot;unicorn&quot; meme will finally fade away.