Unicorns are privately held start-up companies that have achieved a valuation of $1 billion or more. Used in the venture capital industry, and first coined by venture capitalist Aileen Lee in 2013, the term is meant to highlight the rarity of such high valuations.
For example, understanding Unicorn is essential for business owners to make informed financial decisions and communicate effectively with lenders.
.avif)
.svg){kind=small}