Privately held companies valued at over $100 Crores or $1 billion are known as unicorns. Considering this valuation, a level of achievement that only a few startups can reach, it was named after a mythical creature by Aileen Lee (a venture capital investor and founder of Cowboy Ventures) in 2013. Swiggy, Zomato, Oyo, PhonePe are some of the popular unicorns in India since 2018. Most of the startups get such valuation when a prominent investor acquires or invests in it.
The venture capitalists and investors that participate in funding rounds do these valuations. The worth of a unicorn startup is determined primarily based on its expected growth potential, first mover’s advantage, and other aspects. It may not be related to its financial performance. Register for a FREE trial or upgrade to Premium Plan to unlock this content!This content is locked
There are two points that you need to focus on to become a unicorn:
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