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Are there too many unicorns roaming the business world?

The term unicorn does not just refer to mythical horse-like creatures with a single white horn on their forehead. These days, it also refers to mainly tech startup companies with a valuation exceeding a billion dollars. Michael Wade is Professor of Innovation and Strategy at the IMD business school in Switzerland. He told Alex Ritson that the high number of unicorns may be a sign of financial trouble ahead.

(Picture: A unicorn. Picture credit: Βι¶ΉΤΌΕΔ.)

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4 minutes