Less Than 1% Of Unicorns Earn $1 Billion In Revenue Or Profits
The Horizons Tracker
APRIL 22, 2024
Whereas when the term was first coined, there were less than 40 unicorns, there are now reported to be around 2,500 in the wild. Instead, the majority remain kept afloat by a regular flow of investment that hides the red ink gushing forth from their P&L statements.
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