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This is a list of unicorn startup companies: In finance, a unicorn is a privately held startup company with a current valuation of US$1 billion or more. Notable lists of unicorn companies are maintained by The Wall Street Journal, [1] Fortune Magazine, [2] CNNMoney/CB Insights, [3] [4] TechCrunch, [5] PitchBook/Morningstar, [6] and Tech in Asia ...
In business, a unicorn is a startup company valued at over US$1 billion which is privately owned and not listed on a share market. [ 1 ] : 1270 [ 2 ] The term was first published in 2013, coined by venture capitalist Aileen Lee , choosing the mythical animal to represent the statistical rarity of such successful ventures.
The success of startup IPOs drew hedge funds and mutual funds into the equation (more capital—yay!). And then there was the pandemic-induced tech boom in 2020 and the extraordinary $2 trillion ...
Lee coined the often-used Silicon Valley term unicorn in a TechCrunch article "Welcome To The Unicorn Club: Learning from Billion-Dollar Startups" as profiled in The New York Times. A unicorn is generally defined as a privately held startup that has a $1 billion valuation or more – something rare (like a unicorn).
Startups still sparingly disclose valuation, let alone more granular metrics that offer a look at the financial health of a business. “A lot of people say that we should use revenue,” Lee told me.
There are 14 times more unicorns today then there were in 2013. Cowboy Ventures’ Aileen Lee coined the term ‘unicorn.’ Here’s what she thinks about billion-dollar startups, 10 years later
The company then raised several rounds of funding. In May 2020, venture capital firm Andreessen Horowitz led a $14 million Series A round. [10] In September 2020, the company raised a $48 million Series B. [3] In April 2021, Deel raised $156 million in a Series C round, becoming a unicorn. [11]
The AI revolution has already minted dozens of unicorns—startups valued at $1 billion before going public. Now it could create a whole new type of startup: the one-person unicorn.