The new unicorn litmus test

Hello from America, where we are digesting some pretty big news. Given the portent and weight of what’s going on today, it may feel a bit weird to sit down and read about billions of dollars of someone else’s money. But this is a technology startup and financial news site. So, to work. Just know that our hearts are where yours are.

The Exchange explores startups, markets and money.

In some sense, these are the real unicorns, as they have reached IPO scale and are still growing. They will be able to go public at some point, likely for $1 billion or more.


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