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Posted on: March 26, 2019, 11:31 a.m.
Many of today's unicorns have strong growth prospects, but they often have uncertain paths to profitability. : In medieval and Renaissance allegories, unicorns are rare and wild creatures that signify honesty, fidelity, purity, and healing. In the world of finance, unicorns are venture capital (VC)-backed and privately funded companies with valuations in excess of $1 billion that are no longer so rare, and may not always be so pure. And that’s something investment advisers need to be especially mindful of. ... Full investment news articleRelevent to this post: Alternative Investment Group EY,