Unicorn Boom Explained
The surge in unicorns is driven by a significant increase in funding, but it's not just about more money—it's about a shift in how investors perceive potential. As large funds move earlier in the investment cycle, they are willing to write larger checks based on future promise rather than current performance. This evolving landscape raises questions about the true meaning of being a unicorn, as valuations increasingly reflect potential rather than established success.In this clip
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How many unicorns are just piñatas filled with expired candy?
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