---
title: "What is unicorn company?"  
description: "A brief summary about the unicorn companies and what is it meant"  
author: "Anjita D."  
published: 2023-09-14  
canonical: https://yourviews.mindstick.com/story/2479/what-is-unicorn-company  
category: "business"  
tags: ["unicorn companies"]  
reading_time: 1 minute  

---

# What is unicorn company?

![What is unicorn company](https://yourviews.mindstick.com/stories/c9ec40bf-6957-473e-bf33-5438fc02a3f9/images/6cc54b23-882b-47be-baa0-dc133c3a3923.jpeg) ![What is unicorn company](https://yourviews.mindstick.com/stories/c9ec40bf-6957-473e-bf33-5438fc02a3f9/images/47a5ba5a-bfde-4bb3-bd78-64a1961d1e3b.jpeg) A unicorn company is a privately held startup company with a valuation of over $1 billion. ![What is unicorn company](https://yourviews.mindstick.com/stories/c9ec40bf-6957-473e-bf33-5438fc02a3f9/images/47a5ba5a-bfde-4bb3-bd78-64a1961d1e3b.jpeg) In 2013, venture capitalist Aileen Lee coined the term, choosing the mythical animal to symbolize the rarity of such successful ventures. ![What is unicorn company](https://yourviews.mindstick.com/stories/c9ec40bf-6957-473e-bf33-5438fc02a3f9/images/4521036b-a0ce-431a-b3a5-13d36041c4db.jpeg) As of August 2023, there are over 1,200 unicorn companies worldwide. ![What is unicorn company](https://yourviews.mindstick.com/stories/c9ec40bf-6957-473e-bf33-5438fc02a3f9/images/95082dec-e6f2-4ee8-b507-b43c15d573be.jpeg) It is often attractive to investors because they have the potential to generate significant returns. ![What is unicorn company](https://yourviews.mindstick.com/stories/c9ec40bf-6957-473e-bf33-5438fc02a3f9/images/e2bed5c8-bf7c-48c9-a35b-e0bc902bad28.jpeg) It plays an important role in the global economy. They are responsible for developing new technologies and services that can improve our lives.

---

Original Source: https://yourviews.mindstick.com/story/2479/what-is-unicorn-company

Copyright © MindStick Software Pvt. Ltd. This Markdown version is provided for developers, AI systems, and offline reading.