> Many startups actively seek out the unicorn label
Such as?
Such as?
People say that this is not chance that so many different businesses happen to be worth the same but that they have accepted punitive terms to stretch their valuation to 1B because the press advantages are worth the cost. This effect will also have applied to all the companies now valued above 1B because they played the same game when they were <1B and "reached" to get the label.
They're interested enough that they provide paperwork to prove the valuation when we are unable to independently verify.