Startup valuations are the scoreboard of success, and the podium for winners is Unicorn Status—when a company reaches a valuation of $1 billion. Achieving unicorn status is the dream of any startup, and it typically signals the startup’s strong potential to either go through an IPO or become acquired by a larger firm in an M&A deal. A start-up achieves unicorn status if: Unfortunately, because it might have vulnerabilities that more established, public companies don’t, achieving unicorn status also puts […]