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    Question

    When is a startup 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 private startup company valued at $1 billion or more, a term coined in the venture capital industry.

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