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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 un
by luckylion 7y 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 7y agoWhen is a startup not a startup anymore. Are Facebook and Google still startups?
- luckylion 7y agoIn my opinion they are not. They were and became unicorns, but they're not any longer, they are regular Fortune 500 corporations.
- kirubakaran 7y agoI 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.