What Does It Take To Get To A Billion Dollar Valuation?

There’s a term that has becoming common place in the business community and in some circles, even vilified. The term is “unicorn” and it’s used to describe startups that are still privately held and are valued at over a billion dollars. Now, this doesn’t mean they have a billion dollars in revenue, or that anyone is willing to pay one billion dollars for them today – as we’re seeing with mark downs in valuation and a dried up IPO and M&A market. This term is strictly reserved for t...