The Intelligence: Horn under a bad sign

The birth rate of unicorns—firms with a valuation north of $1bn—has plummeted, and prior investors in them are eyeing what exits exist. We ask why the species is endangered. The struggle to finance and build homes is contributing to a profound housing crisis in sub-Saharan Africa (08:34). And the return of Parler, a darling social-media platform for America’s far right (17:56).Get a world of insights for 50% off—subscribe to Economist Podcasts+If you’re already a subscriber to The Economist, you’ll have full access to all our shows as part of your subscription. For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account. Hosted on Acast. See acast.com/privacy for more information.

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Every weekday our global network of correspondents makes sense of the stories beneath the headlines. We bring you surprising trends and tales from around the world, current affairs, business and finance — as well as science and technology.  Hosted on Acast. See acast.com/privacy for more information.