It was once only six years in the past that task capitalist Aileen Lee coined the term “unicorn” to describe any privately-held startup really worth $1 billion or more. At the time, such valuations were so uncommon that they deserved a specific title – however due to the fact then, it’s truthful to say that the panorama has shifted dramatically. The startup growth intensified, and capital flowed into private companies at an unparalleled pace.
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