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. I argued that focusing on a $1 billion valuation distracted us, and indeed founders themselves, from developing the kind of profitable and sustainable businesses that ultimately benefit society.
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