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    What is a unicorn phase?


    For every 10,000 startups that receive funding, only one becomes a unicorn — the venture capital slang for a startup valued at $1 billion or more. In short, the chances of achieving startup success at the unicorn level are very rare. So rare, that it is about one in five million.


    https://hotcopper.com.au/data/attachments/3909/3909360-8a25bbe588b66dd841d676764cf49fe2.jpg

    Unicorn pic in the posting:- It means
 
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