Articles
Unicorns, Brilliance Bias, and Hope
It’s been ten years since Cowboy Ventures founder Aileen Lee coined the term “unicorn” to describe startups with a $1 billion valuation. TechCrunch says the pace at which startups achieve billion-dollar valuations accelerated through 2020 and 2021, but today, unicorns are rare, with late-stage capital scarcer than it was a few years ago. That got
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