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    Question

    The term like ‘Unicorn’, often seen in news, implies

    which of the following?
    A A startup that reaches the valuation of $1 billion. Correct Answer Incorrect Answer
    B Any startup that reaches the funding of $1 billion. Correct Answer Incorrect Answer
    C A government aided startup. Correct Answer Incorrect Answer
    D A startup which has monopoly in e-commerce. Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    In the venture capital industry, the term unicorn refers to any startup that reaches the valuation of $1 billion.

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