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What does unicorn mean in economics?
1, the unicorn concept was born in the United States, and it is a professional term in the venture capital community. Especially those technology companies that were founded less than 10 years ago and have a valuation of more than 10 billion dollars.

2. The significance of its naming is that the value and energy brought by these startups are as rare and precious as unicorns in myths and legends.

Extended content:

Unicorn is a creature in myths and legends. It is rare and noble. 20 13 Aileen Lee, a well-known American cowboy venture capitalist, classified startups whose private and open market valuations exceeded $ 10 billion, calling them "unicorns".

Then the word quickly became popular in Silicon Valley and appeared on the cover of Fortune. The so-called "unicorn company" refers to those start-ups with a valuation of more than US$ 6,543.8+US$ 0 billion. When Li Faming introduced the concept of unicorn, she described a specific historical situation. From 2003 to 20 13, only 39 companies stood out from more than 60,000 competitors and achieved a valuation of $654.38 billion.

20 17 12, Hurun Research Institute released "20 17 Hurun Unicorn Index for Greater China". There are 120 unicorn enterprises in Greater China, with an overall valuation of more than 3 trillion; Beijing has become the city with the largest number of unicorn enterprises, accounting for 45% of the total number of listed enterprises, followed by Shanghai, Hangzhou and Shenzhen. Ant Financial Service, Didi Chuxing and Xiaomi Company's valuation occupy the top three. Based on the definition of a unicorn in the capital market, the list selects outstanding enterprises with external financing and a valuation of more than one billion US dollars (7 billion RMB). The data deadline is 2017165438+1October 30th.

References:

Baidu encyclopedia entry? Unicorn company