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    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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