Question

According to the venture capital industry, what is a unicorn?

• A. Any start-up that reaches to employ 1000 people
• B. Any start-up that makes its owner a billionaire
• C. Any start-up that raises $1 billion in venture capital
• D. Any start-up that reaches the valuation of $1 billion
• E. Any start-up that gives a dividend of $1 billion to its shareholders

Answer 1

Answer: (C)

Any start-up that raises $1 billion in venture capital

Answer 2

The correct answer is option (C):Any start-up that raises $1 billion in venture capital