In her 2013 blog post titled, 'Welcome to the Unicorn Club,' venture capitalist Aileen Lee coined the term unicorn to define privately held startups valued at $1 billion or more.
Though there were just 39 such firms in 2013, today, the unicorn count is nearing fourteen hundred, illustrating an incredible evolution in the startup valuation landscape.
Sequoia Capital is a standout in the venture capital landscape, with investments representing over 25% of the Nasdaq, or $1.4 trillion dollars in value.
Despite its successes, the venture capital business remains high-risk, where no investment is certain, underscoring the unpredictability of startup survival and success.
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