What is a unicorn company?
It’s a privately owned, start-up with a value of $1 Billion or more. There are 91 companies in the world with this status. Most of these are from China and then the US. The UK with 8 has the most unicorns in Europe. UBER, airbnb and Deliveroo are all unicorns.
Many unicorns will go on to become public companies. We have a guide on that.