Unicorn: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Create the page. Sources: The Treasurer February 2017 p12 and Fortune.com The Unicorn List http://fortune.com/unicorns/) |
imported>Doug Williamson (Add link.) |
||
(9 intermediate revisions by the same user not shown) | |||
Line 1: | Line 1: | ||
1. | |||
A 'unicorn' is a privately owned company valued at US$1 billion or more. | A 'unicorn' is a privately owned company valued at US$1 billion or more. | ||
The term is also used more narrowly to refer to early stage technology companies with valuations of US$1 billion or more, also known as 'tech unicorns'. | Examples include Uber (on-demand taxicab and delivery services) and Airbnb (e-commerce / marketplace). | ||
2. | |||
The term 'unicorn' is also used more narrowly to refer to early stage technology companies with valuations of US$1 billion or more, also known as 'tech unicorns'. | |||
Line 8: | Line 15: | ||
:"Swedish music streaming company Spotify attracted plaudits from the judges for its approach to managing growth. | :"Swedish music streaming company Spotify attracted plaudits from the judges for its approach to managing growth. | ||
:During the first half of 2016 [Spotify] closed one of the largest convertibles ever for a tech unicorn, securing a $1bn financing, | :During the first half of 2016 [Spotify] closed one of the largest convertibles ever for a tech unicorn, securing a $1bn financing, to support Spotify's growth programme." | ||
:''The Treasurer magazine, February 2017 p32 - Deals of the Year.'' | :''The Treasurer magazine, February 2017 p32 - Deals of the Year.'' | ||
Line 15: | Line 21: | ||
== See also == | == See also == | ||
* [[Black swan]] | |||
* [[Convertible bonds]] | * [[Convertible bonds]] | ||
* [[e-commerce]] | |||
* [[Gig economy]] | |||
* [[Private equity]] | * [[Private equity]] | ||
* [[Tech unicorn]] | |||
* [[Venture capital]] | * [[Venture capital]] | ||
* [[Whale]] | |||
[[Category:The_business_context]] |
Latest revision as of 09:32, 6 August 2019
1.
A 'unicorn' is a privately owned company valued at US$1 billion or more.
Examples include Uber (on-demand taxicab and delivery services) and Airbnb (e-commerce / marketplace).
2.
The term 'unicorn' is also used more narrowly to refer to early stage technology companies with valuations of US$1 billion or more, also known as 'tech unicorns'.
Spotify raises $1bn
- "Swedish music streaming company Spotify attracted plaudits from the judges for its approach to managing growth.
- During the first half of 2016 [Spotify] closed one of the largest convertibles ever for a tech unicorn, securing a $1bn financing, to support Spotify's growth programme."
- The Treasurer magazine, February 2017 p32 - Deals of the Year.