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That’s a very, very rare story.
by azinman2 5y ago
That’s a very, very rare story.
- wombatpm 5y agoHence the unicorn designation. If it was common every 10 year old girl would have one
- azinman2 5y agoThere are many startups that have reached unicorn (1B) valuation by this point. Very very few of those have less than 20 employees.
- carom 5y agoIs that a necessary condition though or due to the environment? A security company I worked for got acquired and in a relatively short time they went from 100 to 300 to 600 quickly in preparation for the acquisition. I am not sure those people were required for the valuation or if they were part of the standard game plan of a sale.
- mandeepj 5y agoNot really that rare. Have you heard about Whatsapp, AppDynamics, LinkedIn acquisitions?
- motoxpro 5y agoProbably seems more rare because the only stories you hear are "X raises 100 million" instead of "X is a profitable company serving a tiny niche making 100 million in revenue"