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In business, a unicorn is a startup company valued at over US$1 billion which is privately owned and not listed on a share market. [ 1 ] : 1270 [ 2 ] The term was first published in 2013, coined by venture capitalist Aileen Lee , choosing the mythical animal to represent the statistical rarity of such successful ventures.
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A unicorn bubble is a theoretical economic bubble that would occur when unicorn startup companies are overvalued by venture capitalists or investors. This can either occur during the private phase of these unicorn companies, or in an initial public offering. A unicorn company is a startup company valued at, or above, $1 billion US dollars.
A decade after Aileen Lee coined the term “unicorn,” she knows that the term has taken on a life of its own—and is imperfect. “It’s an ephemeral word, it’s a point in time,” she told me.
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This is a list of unicorn startup companies: In finance, a unicorn is a privately held startup company with a current valuation of US$1 billion or more. Notable lists of unicorn companies are maintained by The Wall Street Journal , [ 1 ] Fortune Magazine , [ 2 ] CNNMoney / CB Insights , [ 3 ] [ 4 ] TechCrunch , [ 5 ] PitchBook/Morningstar, [ 6 ...
Insider is a Turkish artificial intelligence company based in Singapore. [1] Founded in 2012 in Istanbul , the SaaS company is one of Turkey's first unicorn firms, [ 2 ] and is led by CEO Hande Çilingir .
The AI revolution has already minted dozens of unicorns—startups valued at $1 billion before going public. Now it could create a whole new type of startup: the one-person unicorn.