Unicorn: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
m (Delete surplus links.)
imported>Doug Williamson
(Add link.)
 
Line 28: Line 28:
* [[Tech unicorn]]
* [[Tech unicorn]]
* [[Venture capital]]
* [[Venture capital]]
* [[Whale]]


[[Category:The_business_context]]
[[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.


See also