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Unicorn

Unicorn illustration
A startup company valued at over $1 billion, often in the tech sector, seen as rare and successful.

EXAMPLES

  • Unicorns often attract attention but may lack solid business fundamentals.

  • Despite being a unicorn, the startup struggles to turn a profit .

  • The unicorn company's valuation soared to billions within a few years.

SITUATION

You're discussing your startup's rapid growth at a tech networking event.

University illustration

REACTIONS:

  • — Literally a unicorn, our startup's growth is mind-blowing .

  • — Dude, our startup's like a unicorn, growth 's unreal

  • — We're not just talking growth ; we're painting a unicorn future.

EXPLANATION

A "Unicorn", in the startup world is like, super rare and valuable. It's a private company that's worth a billion dollars or more. These companies are so successful and grow so fast that finding one is like spotting a magical unicorn. Investors are always on the hunt for the next big unicorn to make mad profit s.