Biz Unicorn 

                                          

Many of us are familiar with the term unicorn, they are pretty horses from the fairytales that can fly. But have you ever wondered why companies are being referred to as UNICORNS? Perhaps. 

Well, the answer to this is quite simple.Unicorns are the companies that reach the valuation of $1 billion without being listed on the stock market. It was first coined by Aileen Lee founder of Cowboy ventures she used this term to point out 39 start ups that had attained the criteria of being known as Unicorn.

Companies like BYJU's, Swiggy, Bytedance, Dream11, SpaceX, OLA cabs are a few good instances of this. 

I hope this piece of information was helpful in giving a basic idea of Unicorn companies to the readers!