When unicorns aren't as big as they appear
Protections for late-stage investors can inflate the indicated valuations of tech startups by 10-25%
DeeperDive is a beta AI feature. Refer to full articles for the facts.
New York
WARNING: Some unicorns may be smaller than they appear.
The recent proliferation of so- called unicorns - startup technology companies valued at more than US$1 billion - has been greeted variously as a sign of healthy innovation or an indication that valuations have become dangerously overheated.
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