How Unicorns Grow
By Administrator | 27 January 2016
"Seven years ago Uber didn’t exist. Five years ago it was limited to San Francisco. Today it offers rides in more than 65 countries and at this writing is valued at more than $50 billion. Along the way the company has amassed an impressive war chest to fund its expansion and ward off competitors: It has raised more than $8 billion from private investors.
The meteoric rise of Uber and other “unicorns”—private, venture-backed companies valued at a billion dollars or more—feels unprecedented. But is it? And does that matter?" Read more
Harvard Business Review Jan/Feb issue 2016
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