Payhawk is officially Bulgaria’s first unicorn

Re:Payhawk is officially Bulgaria’s first unicorn by slavoingilizov on Tuesday March 01, 2022 @05:50AM (#30512494)

(I worked at Telerik until 2014). They were acquired by Progress software later that year for $262m, so no longer independent nor a unicorn. Still one of the biggest successes.

The Payhawk founders are ex-Telerik and Telerik has made a major influence on the Bulgarian startup ecosystem.

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Re:Payhawk is officially Bulgaria’s first unicorn by pjmlp on Tuesday March 01, 2022 @06:01AM (#30512585)

That makes Payhawk not the first one, which was my point.

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Re:Payhawk is officially Bulgaria’s first unicorn by yywwbbn on Tuesday March 01, 2022 @06:15AM (#30512699)

But it seems they were never valued at over 1billion (which iirc is the definition of an ‘unicorn’)

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Re:Payhawk is officially Bulgaria’s first unicorn by pjmlp on Tuesday March 01, 2022 @06:45AM (#30512966)

A definition that keeps changing since .com wave from the 90's.

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Re:Payhawk is officially Bulgaria’s first unicorn by cameronh90 on Tuesday March 01, 2022 @06:59AM (#30513070)

I don't think the term unicorn existed in the 90s? It's always been $1bn as far as I recall...

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Re:Payhawk is officially Bulgaria’s first unicorn by klohto on Tuesday March 01, 2022 @07:35AM (#30513344)

Considering "unicorn" in popular culture didn't really exist till ~2013, it hasn't changed. Always been 1B

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