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, so support Spotify's growth programme."
: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.


See also