What does unicorn enterprise mean?

Unicorn company refers to the titles given by the investment community to some companies with a valuation of more than 654.38 billion US dollars and a short time of establishment, which has a mythical color for the development of these companies and is endowed with mythical animal representatives. At first, unicorn was a term put forward by Aileen Lee, a famous American investor, in 20 13, which mainly divided private equity and open market startups with more than $ 10 billion into parts. Beijing is the city with the largest number of unicorn enterprises in China.

Brief introduction of unicorn enterprise

Unicorn companies mostly refer to companies that have been established for a short time (usually within 10 years). They are developing rapidly. Before listing, its valuation has reached more than $654.38 billion. In addition, the valuation of some companies directly exceeds $6543.8+$00 billion. If unicorn goes public, it must be a blue chip stock with unlimited market potential. In myths and legends, the unicorn itself is a rare and precious beast. Therefore, the enterprise called unicorn itself should also have the characteristics of sunrise and rapid growth. Unicorn enterprises often have core technologies and irreplaceable core competitiveness.