3 ms·

Doesn't unicorn just mean $1B+ valuation?

• deleted 6y ago
  [deleted]
• andrewwharton 6y ago
  And that hasn't IPO'd yet.
• luckylion 6y ago
  I think it has to be a startup, i.e. recently founded, hyper growth, usually VC-funded. A company worth a lot of money that has existed for 80 years isn't a unicorn, it's just a company worth $1B+.
  • rorykoehler 6y ago
    When is a startup not a startup anymore. Are Facebook and Google still startups?
    • luckylion 6y ago
      In my opinion they are not. They were and became unicorns, but they're not any longer, they are regular Fortune 500 corporations.
    • kirubakaran 6y ago
      I like Steve Blank's definition of a start-up: "a temporary organization used to search for a repeatable and scalable business model" Once you're executing on a scalable business model, you're a regular business.