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      Question

      When is a company considered a

      unicorn?
      A When its valuation reaches $1 billion Correct Answer Incorrect Answer
      B When its valuation reaches $2 billion Correct Answer Incorrect Answer
      C When its valuation reaches $10 billion Correct Answer Incorrect Answer
      D When it is expected to reach $1 billion Correct Answer Incorrect Answer
      E None Correct Answer Incorrect Answer

      Solution

      A unicorn is a privately held startup company valued at $1 billion or more, a term coined by venture capitalist Aileen Lee.

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