A term used by many in the financial world to describe a privately-owned startup with a valuation of more than $1 billion. The term was first used by venture capitalist Aileen Lee implying that finding one of these companies is so rare they may as well be unicorns. Some examples of a unicorn company are SpaceX and Robinhood, with Facebook being a super-unicorn. Many potential unicorn companies are tech startups, with some arguing that number of new tech companies valued at more than $1 billion are demonstrative of “froth in the market.”
Unicorn Company
Market Terms
We don't know everything about the markets. We're just devoted to learning. Taken from those smarter than ourselves, here's how we define Unicorn Company.