A unicorn refers to the mythical beast resembling a white horse with a spiraling horn and a lion’s tail. It’s thought to be so elusive that the term unicorn has been adopted in financial circles to describe a rare privately-held startup company that’s valued at one billion dollars or more. The term unicorn has been adopted in financial circles to describe a rare privately-held startup company that’s valued at one billion dollars or more.
Most unicorns are in the tech industry — software, biotech, and the like. Not surprisingly, unicorn startups are pursued by venture capitalists eager to ride their tremendous growth potential.
Other interesting terms…
