The Rise of the Unicorn: A Look at Billion-Dollar Startups
The term “unicorn,” coined in 2013 by venture capitalist Aileen Lee, originally described the statistical rarity of privately-held startups valued at over $1 billion. A decade later, the landscape has transformed dramatically. What was once a mythical creature is now a recognized, though still elite, class of company. The proliferation of these billion-dollar entities is …