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A company that has been founded after 20...

A company that has been founded after 2003 and that has a current valuation of more than 1 billion USD is referred to as in the industry by which term?

A

Unicorn Startup Company

B

Blue Moon Startup Company

C

Stratosphere Startup Company

D

5th Gear Startup Company

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Verified by Experts

The correct Answer is:
A
Explanation: “unicorn” is a term that describes a privately-owned startup with a valuation of over $1 billion. The term was introduced by venture capital investor, Aileen Lee, in 2013 to describe rare tech startups that were valued at more than $1 billion.
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