What is Unicorn? How valuation is derived?
A unicorn is a privately held start-up company value at over $1 billion.
The valuation of unicorns is derived from valuations developed by venture capitalists and investors who participated in the financing rounds of the companies.
Since all unicorns are startups, their value is primarily based on their growth potential and expected development.
The unicorns’ valuation is not strongly related to their actual financial performance or other fundamental data.
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What is Unicorn?
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