The term “unicorn” refers to companies with billion-dollar valuations that are often young, disruptive, and potentially world-changing. Just a few years ago, unicorns were plentiful and represented an ideal scenario for a young tech startup. More recently, however, the unicorn isn’t so common anymore as the market has been cooling off on big valuations; venture… Continue reading As unicorns grow rarer, maybe it’s time to look towards revenue, not valuations
Category: unicorns
Turns out most unicorns today are more myth than reality
Unicorns have long symbolized magical wonder, and their popularity has only grown in recent years. But turns out, most unicorns today are more myth than reality. Unlike the classic fairy tale variety, these unicorns aren’t the white horse-like creatures with a horn on their head, but rather startup companies that have achieved a billion-dollar valuation.… Continue reading Turns out most unicorns today are more myth than reality
Hey look, unicorns are rare again!
We’ve all heard stories of unicorns throughout history, but most of us have dismissed them as mere figments of our wildest imaginations. However, recent news suggests that unicorns are once again becoming rare, giving us plenty of new reasons to believe in the existence of these mythical creatures! In 2017, a team of scientists from… Continue reading Hey look, unicorns are rare again!
Why Africa had no unicorns last year despite record fundraising haul
In 2019, Africa saw its highest ever venture capital fundraising total, with over 8 billion USD invested in the African tech startup ecosystem. This was an enormous achievement, but it didn’t bring about the same success for African-based unicorns. While startups across the continent raised record amounts of funding, there were no new unicorns emerging… Continue reading Why Africa had no unicorns last year despite record fundraising haul
5 promising fusion startups that aren’t unicorns — yet
Nuclear fusion has been touted by scientists and futurists for decades as the holy grail of clean energy. But recent years have seen a slew of startups emerging with novel approaches to tackling the technological and engineering obstacles that have crippled the sector for decades. While some of these companies are the well-funded “unicorns” of… Continue reading 5 promising fusion startups that aren’t unicorns — yet