Unicorn: Difference between revisions
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* [[e-commerce]] | * [[e-commerce]] | ||
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* [[Gig economy]] | * [[Gig economy]] | ||
* [[Private equity]] | * [[Private equity]] | ||
* [[Tech unicorn]] | * [[Tech unicorn]] | ||
* [[Venture capital]] | * [[Venture capital]] | ||
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[[Category:The_business_context]] | |||
Revision as of 21:06, 3 September 2018
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.
