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Unicorn? VC’s – It Is Time To Get Real!

Linda Bernardi

(See: Silicon Valley Is Trying Out a New Mantra: Make a Profit ) It is the VC community (who takes many liberties and are super aloof- unwarranted) who came up with the term ‘unicorn’. Once tagged as an IPO, it created the tsunami of excessive funding, outrageous valuations and unsustainable money wasted and poor leadership.