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      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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