> 2.9 billion is 3 unicorns.
Hmm, unicorns are usually defined by $1B valuation, while the number of $2.9B in loss is related to revenue. So I think the comparison doesn't hold, it's apples to oranges.
Hmm, unicorns are usually defined by $1B valuation, while the number of $2.9B in loss is related to revenue. So I think the comparison doesn't hold, it's apples to oranges.
(Comparisons involving both stock and flow measures are somewhat dodgy, but they’re made all the time (debt/GDP, annual rent/house price, unicorns/revenue)).
Edit to add: they’re not really dodgy per se, but the result is a rate, ie has a time dimension.