There are now 229 unicorn startups, with $175B in funding and $1.3T valuation

Re:There are now 229 unicorn startups, with $175B in funding... by gregdoesit on Tuesday January 19, 2016 @04:18AM (#10929510)

This article is full of incorrect data: Etsy and Groupon are already public. Instagram, Whatsapp acquired by Facebook, Yammer by Microsoft.

The industry definition of a unicorn: a non public company, that took less then 10 years to have a market value of over $1B. Which is why - ironically - the company I work at, Skyscanner is never listed as a unicorn on any of these lists. This is because it took them 11 years to reach the >$1B valuation mark.

Disappointed with the quality of this Venturebeat article.

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Re:There are now 229 unicorn startups, with $175B in funding... by andre_m on Tuesday January 19, 2016 @04:33AM (#10929566)

I agree with you! Zalando went public in October 2014. Hudson’s Bay has agreed to acquire Gilt Groupe for $250 million in cash. PCH International acquired Fab for an undisclosed sum...

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