HWM Singapore

When tech unicorns are # fakenews

No, it isn’t a ransom demand from Dr Evil, but the magic valuation number of startup tech companies over the last decade.

A “unicorn”, when used in the venture capital industry, is a word to describe a startup company with a value of over US$1 billion. More and more tech startups have been reaching that magical unicorn status in the last couple of years, making unicorns much more than a mythical creature. Where it once took companies like Starbucks and Nike 24 years to reach a valuation of US$1 billion, modern tech companies have done

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