It’s hard to imagine, but there was a time not too long ago when billion-dollar startups were exceedingly rare.
Back in 2013, venture investor Aileen Lee, founder of Cowboy Ventures, penned an essay coining the term “unicorn” to describe VC-funded companies valued at $1 billion or more. At the time, she could count just 14 still-private companies less than a decade old that qualified for the title. READ MORE