I don't know if calling Unicorns ($1 Billion companies) mythical is that accurate. They are rare however they are becoming more and more frequent. Jason Calaca

I don't know if calling Unicorns ($1 Billion companies) mythical is that accurate. They are rare however they are becoming more and more frequent. Jason Calacanis was discussing this in one of his recent podcast/posts and the logic of shooting for startups with high potential/high risk does make sense.