Starting a new business or bringing a new idea to life
Starting a new business or bringing a new idea to life can be an exciting but daunting task. Apart from having a brilliant concept and a solid plan, one needs financial support to kickstart their business. This is where business angels come in.
The term "unicorn" was coined in 2013 by venture capitalist Aileen Lee
The term "unicorn" was coined in 2013 by venture capitalist Aileen Lee to describe the rare occurrence of private companies reaching a billion-dollar valuation. Since then, the number of unicorns has increased significantly, with over 800 such companies worldwide as of 2021. Becoming a unicorn is a significant achievement for any business, and there are specific steps that companies can take to increase their chances of achieving this status.