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The Age Of The Unicorn: Why Private Companies Are Taking Longer To Sell Or IPO

Fast-moving beasts: Uber, one of the world's largest unicorns, is developing an autonomous vehicle that it hopes will be able to transport its millions of clients without the need for a driver. (Photo: Jeff Swensen/Getty Images) The term "unicorns" for privately-owned businesses valued at more than $1 billion is becoming ironic. The [...]
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