What does unicorn mean?

Unicorn company, investment jargon, generally refers to the establishment of no more than 10 years; The valuation should exceed $654.38+0 billion, and a few enterprises with a valuation of more than $654.38+0 billion.

Not only is it a blue chip with high quality and unlimited market potential, but its business model is also difficult to be copied.

In mythology, the unicorn is shaped like a white horse with horns on its forehead, representing nobility, pride and purity.

Development history

On June 17, 2020, Hurun Research Institute released "Hurun China Goat 2020", aiming at finding high-growth enterprises that were established in China after 2000 and are most likely to reach a unicorn-level valuation of one billion dollars within three years.

On June165438+1October 12, 2020, Forbes officially released the 2020 Forbes list of high-growth gazelle enterprises in China. The list focuses on technological innovation and business model innovation of enterprises, aiming to find high-growth enterprises that are most likely to reach a valuation of 654.38 billion US dollars in the next three to five years and become unicorns. Thunderbird Technology was selected for its fast-growing performance and innovative ability in leading industries.