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To be fair, the first "tech" Unicorn was I.Net in year 2000. At the time of IPO it was worth ~€1.5B. The term "Unicorn" hasn't been coined yet back then. Sour
by simonebrunozzi 5y ago
To be fair, the first "tech" Unicorn was I.Net in year 2000. At the time of IPO it was worth ~€1.5B.
The term "Unicorn" hasn't been coined yet back then.
Source: my business partner was the co-founder of I.Net.
- gpderetta 5y agoThe rest of the article qualifies the statement with a "since the dotcom boom". And BTW, congrats although 20 years late :)!
- N19PEDL2 5y agoAFAIK Yoox is the first Italian unicorn after the dotcom boom.
- kome 5y agotrue. YOOX is totally a unicorn. and before the boom: tiscali.
- lnxg33k1 5y agoAs italian with a direct experience both times with it, I think Tiscali is an order of magnitude better now than when it was a unicorn, maybe these investements require profits so that companies need to cut on quality?
- kome 5y agosorry if i'm totally misinformed, but isn't tiscali on the verge of bankruptcy? the stock looks really really bad: https://finance.yahoo.com/quote/TIS.MI/ https://finance.yahoo.com/quote/TIS.MI/
- lnxg33k1 5y agoI wasn't aware of that, I was speaking as a user, maybe they're having an hard time to re-conquer customer's trust, but right now their connection is quite stable and fast
- slumber86 5y agoAlso Prima.it has got 1B+ founding a couple years ago. Unicorns in Italy are rare but are some.
- ABS 5y agoPrima raised $100+M in their Series A in 2018, I don't think the official valuation was ever disclosed
- captaincaveman 5y agoSounds like there is a story in here, so what happened to I.net?