In today’s world, unicorns are not just mystical creatures with single spiraling horn that sparkles but are companies that have reached a valuation of $1 billion or more. The meaning of unicorn startups is interesting, as the word “unicorn” is used as a metaphor for something that’s extremely rare. Likewise, becoming a business unicorn or a billion-dollar company is something that few businesses can attain. Many simply die out, while others plod along.
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