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⚠️ Price goes up to €99 on March 22 The First Unicorn Startup In India Matt Levine sums up the situation well: “When interest rates are low everywhere, a dollar in 20 years is about as good as a dollar today, so a startup whose business model is “we will lose money for a decade building artificial intelligence, and then rake in lots of money in the far future” sounds pretty good. When interest rates are higher, a dollar today is better than a dollar tomorrow, so investors want cash flows. When interest rates were low for a long time, and suddenly become high, all the money that was rushing to your customers is suddenly cut off.”
Unicorn start up
Silicon Valley is home to the most unicorns in the world, followed by Beijing and Bengaluru (Bangalore). India is home to the world’s third-largest startup ecosystem and is fast catching up to the US and China due to a massive increase in venture capital inflow. How to Keep Innovation a Top Priority at a Tech Company Currently, the top 10 unicorn companies are:
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