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It’s been more than a half-decade since Aileen Lee of Cowboy Ventures kicked off the unicorn craze. Noting in a well-read post for TechCrunch that an interesting cohort of private companies worth a billion dollars or more was worth examining, the post brought the “unicorn” into its current usage inside of tech.
And then tech itself did the term a favor, building and financing hundreds more. Now unicorns swarm like fleas, and simply snagging a $1 billion valuation these days is something that has been done in mere months and is a well-known vanity tactic used to juice hiring.
This has now gone on so long that many of us in the tech-focused journalism space are sick of saying the word. Kate Clark, Equity co-host and cool person,
Read full article » https://techcrunch.com/2019/04/13/unicorns-undercorns-and-horses-a-guide-to-the-nonsense/
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