Where Do Unicorns Come From?

Billion-dollar unicorns aren’t as mythical as they were 10 years ago, but they’re still shrouded in fantasy. Last year, we put a spotlight on global unicorns—the significant, growing number of privately-held companies with $1B+ valuations in Latin America, Africa, and other areas of the world. Now, we’re taking a fresh look into the fables that surround unicorns and their founders in the United States and emerging markets.