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. The term was coined in 2013 by venture capitalist Aileen Lee, choosing the mythical animal to represent the statistical rarity of such successful ventures.
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. The term was coined in 2013 by venture capitalist Aileen Lee, choosing the mythical animal to represent the statistical rarity of such successful ventures.
Source: Wikipedia "Unicorn (finance)" · CC BY-SA 4.0
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