On Wall Street’s leniency toward unprofitable tech companies and outsized exits.
View More Unicorns aren’t profitable, and Wall Street doesn’t careCategory: Unicorns
Looker snags $103 million investment on $1.6 billion valuation
Looker has been helping customers visualize and understand their data for seven years now and today it got a big reward, a $103 million Series E investment on a $1.6 billion valuation. The round was led by Premji Invest with new investment from Cross Creek Advisors and participation from the company’s existing investors. With today’s […]
View More Looker snags $103 million investment on $1.6 billion valuationUnicorns aren’t special anymore
There are 145 “active unicorns” today worth an aggregate valuation of $555.9 billion. In 2013, there were just 39.
View More Unicorns aren’t special anymoreThe best UK deals for Friday: Amazon devices, unicorn chargers, TaoTronics headphones, and more
Friday isn’t the day to purchase something sensible. It’s the perfect day of the week to indulge in something a little bit different and fun. Don’t buy the desk chair that you desperately need. Get a Banana leaf inflatable chair instead.
No, you shou…
Global unicorn exits hit multi-year high in 2018
Unicorn exits are taking flight. With the IPO window wide open, an apparent record number of venture-backed companies privately valued over $1 billion have launched public offerings this year.
View More Global unicorn exits hit multi-year high in 2018The G.O.A.T. may be a zebra
Silicon Valley is obsessed with unicorns, startups that reach a valuation of $1 billion valuation or more. But Aniyia Williams and her team over at Zebras Unite are more interested in zebras. Unlike unicorns, zebras are real animals. So, when applied to startups, zebras are the ones that bring in actual revenue. When we talk […]
View More The G.O.A.T. may be a zebra‘Unicorn’ price tags aren’t all they’re cracked up to be
A $1 billion valuation was until recently a significant badge of honor for a tech company, marking it as an unusually successful outlier. Now, though, as membership of the club has swollen to as many as 200 globally, the “unicorn” epithet given to these billion-dollar companies on account of their rarity has become less apt and attracted considerable skepticism as to whether they can justify their sky-high price tags.
View More ‘Unicorn’ price tags aren’t all they’re cracked up to beUnicorns gorge as investors dish up bigger rounds, more capital
Is there a point when investors will turn off the spigots for giant unicorn funding rounds? If so, we haven’t reached that threshold yet. Here, we break down the leading locations for new and existing unicorns, top sectors for investment capital, exits and a few other trends affecting the space. Read More
Online graphic design startup Canva is now worth $1 billion
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Canva is Australia’s first unicorn of 2018, after raising $40 million (AUD$50.9 million) to push the design startup’s value over $1 billion.
Now available in 190 countries, with over 10 million users, the online design and publishing platform was launched in 2012 by CEO and co-founder Melanie Perkins — now the youngest female entrepreneur to have reached unicorn status.
“It’s still extremely early days for us yet, and we feel like we’ve done one percent of what we believe is possible but it’s quite exciting to get to this point in time, and it’s been a huge journey,” Perkins told Mashable. Read more…
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View More Online graphic design startup Canva is now worth $1 billion