Question

The term like ‘Unicorn’, often seen in news, implies which of the following?

A A startup that reaches the valuation of $1 billion. Correct Answer Incorrect Answer
B Any startup that reaches the funding of $1 billion. Correct Answer Incorrect Answer
C A government aided startup. Correct Answer Incorrect Answer
D A startup which has monopoly in e-commerce. Correct Answer Incorrect Answer
E None of the above Correct Answer Incorrect Answer

Solution

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

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