In this article you will know what a unicorn business and which are the 50 that are currently worth the most money.
Creating a successful company is a long and not easy process. However, there are businesses that go beyond the norm and achieve absolutely incredible results in a relatively short time.
These businesses are known as Unicorn. But let’s see exactly what they are…
What is a unicorn business.
By definition, a unicorn business It reaches this name when it is worth more than 1 trillion dollars and the capital is private. That is, they are not listed on the stock market.
On the other hand, when it reaches a value of more than 10 trillion, they are called decacorn.
Why are they worth so much?
Unlike many traditional companies, successful startups have business models that allow them to grow and expand geographically much faster.
Also, because they are relatively new (some startups can be more than 8 years old)they are assigned a value for the potential they have, and not exclusively for what they have achieved.
This allows apparently exaggerated figures to be reached and some specialists ensure that on average, unicorn businesses are worth only 46% of the established values.
As a result, some unicorns fall prey to “inflation” and end up dead unicorns. However, as the years go by, more startups become unicorns. So much so, that as of this date (08/30/19) there are almost 400 businesses with a valuation greater than or equal to 1 trillion dollars.
Although beyond possible inflation, it is undeniable that getting that amount of capital is an amazing task, one that very few businesses achieve.
Before I show you the top 50, I would like to ask you a favor. Simply vote from 1 to 5 to see how you’ve found this article so far. Thank you very much!
Let’s keep going…
Top 50 of the most valuable unicorns.
According to the CB Insights portal, the category with the most unicorns is financial technology, or Fintech, with 12% of the total. And the countries that contribute the most unicorns are the United States and China, with 49% and 24% respectively.
It must be taken into account that some of these unicorns disappear from the ranking, mainly due to IPOs (Initial Public Offering). In other words, they begin to be listed on the stock market so that their shares are open to public purchase and they can amass more capital.
Without further delay, below you will find the 50 most worth unicorns currently. If you want to know a little more about each one, you can click on the name.
Conclusion.
All unicorns have reached their status because they are leveraged on very interesting business models, which are based on even more interesting ideas.
This shows us that there are no excuses for not trying. There are more and more technological developments that open more and more doors to innovative ideas. So if you want, you can be the founder of the next unicorn 🙂
