So, how does a company achieve ‘unicorn’ status? Well firstly the company must be a startup and secondly its valuation must exceed the $1 billion dollars mark (based on fundraising). This equates to £0.6 billion. The name ‘unicorn’ alludes to the fact … [Read more...] about Storage Startup Unicorns Are On The Rise
unicorns
Is Facebook Disrupting New Industries & Boosting New Unicorns?
The past year has seen an incredible number of tech startups appear, something that is seen by many people as an incredibly positive occurrence. However, to the long-standing traditional operators that have to compete with new services like Uber, Airbnb … [Read more...] about Is Facebook Disrupting New Industries & Boosting New Unicorns?
The UK’s Top 17 Unicorns (Billion Dollar Startups)
The term unicorn is generally associated with the horned mythical creature; however, it has now become a term to describe a billion dollar tech startup, so named because the company has achieved something extremely difficult and rare. For once Britain … [Read more...] about The UK’s Top 17 Unicorns (Billion Dollar Startups)
Investors Get A Handle On London Tech Firms As They Head Towards Becoming Unicorns
London has always been an ideal location to base a business, even back in the old days, for it is not only ideally located, i.e. close to important transport routes etc. but it provides a central hub of activity and a ready and waiting customer base. … [Read more...] about Investors Get A Handle On London Tech Firms As They Head Towards Becoming Unicorns