There are now 1,000 unicorn startups worth $1 billion or more | Curio

There are now 1,000 unicorn startups worth $1 billion or more

12 mins | Feb 19, 2022

When you have so many, it's no longer a big deal. The term unicorn is reserved for those rare startups deemed to be worth $1 billion or more. However, once almost exclusively applied to the likes of Facebook, LinkedIn and YouTube, in January 2022 alone, 42 startups were elevated to this formerly mythical status, and four were valued at £10 billion or more. From the history of the term to the shape of today's herd, Ellen Huet examines the triumphs and failures of these companies as she questions whether their bubble is about to burst.

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From Bloomberg Businessweek

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