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Risking your neck to run with the unicorns

Startups and investors are finding there's a huge price to pay for that coveted US$1 billion valuation

New York

IN THE world of Wall Street, where numbers are everything, one number is especially coveted: one billion. Technology startups that achieve US$1 billion in valuation before going public - so-called unicorns - can attract the attention of prominent venture capital firms and draw résumés from top talent across the country.

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