Welcome back to Equity, the podcast dissecting the intricacies of the startup business! In this episode, we are joined by Aileen Lee, founder of Cowboy Ventures, who pioneered the term “unicorn” back in 2013.
Unicorn Lexicon and Exotic Varieties
Lee introduces us to the diverse world of unicorns, coining terms like “unicorpse” and “zombiecorn.” The conversation takes an amusing turn with comparisons to venture capital returns being likened to peaches in a bucket of piss (Lee’s colorful analogy, not ours!).
Unicorn Geography and Seed Round Trends
Exploring the geographical distribution of unicorns (19% in New York, for instance) and the expanding size of seed rounds, we uncover insights into the current unicorn landscape. Lee’s article provides a comprehensive backdrop to our numerical discussions.
Return to the Unicorn Club
Aileen Lee, having contributed significantly to our understanding of unicorns, reenters the Unicorn Club with fresh insights. Her engagement sheds light on the evolving dynamics of the startup world and the nuanced nature of unicorn variations.
Unpacking the Unicorn Article
As Lee talks us through the data, we unravel the details of her article, gaining profound insights into the state of unicorns, their forms, and the driving forces behind the startup ecosystem. For those seeking a deep dive into the numbers and nuances, reading her post alongside this podcast episode is highly recommended.
Closing with a Fortune 500 Tidbit
As a bonus, we touch upon the method of ranking Fortune 500 companies. The revelation: revenue, not market cap, determines their ranking.
Tune in to this insightful conversation with Aileen Lee, where we explore the unicorn landscape and gain valuable perspectives on the ever-evolving startup ecosystem.