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Analyzing unicorn company data
Analyzing unicorn company data
In this workspace, we'll be exploring the relationship between total funding a company receives and its valuation.
DataFrameas
df
variable
SELECT * FROM companies INNER JOIN funding USING(company_id)
import plotly.express as px
px.scatter(df, x='funding', y='valuation', log_x=True, log_y=True, hover_name= 'company')
- I've noticed that when a company receives more funding, their valuation tends to increase. It seems like there's a positive correlation between the two.
- Some companies have more funding than their valuation. This can happen when investors believe in the company's potential for growth and its leadership team, even if the company is not worth as much on paper.