Question

Which of the following statements about a ‘unicorn' is/are correct?

1. In the venture capital industry, the term unicorn' refers to any startup that reaches the valuation of $10 billion.

2. Only a privately held startup can be a unicorn.

Select the correct answer using the code given below.

A 1 only Correct Answer Incorrect Answer
B 2 only Correct Answer Incorrect Answer
C Both 1 and 2 Correct Answer Incorrect Answer
D Neither 1 nor 2 Correct Answer Incorrect Answer

Solution

The correct answer is B

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