On: The ‘Terminator’ of startups says he’s seeing two ...

[justboxing]

> It’s across the spectrum really, B-, C-, D-, E-stage companies. We’ve shut down three or four unicorns.

Anyone know what these 3 / 4 "Unicorns" are?

Also, isn't the term "unicorn" use to refer to wildly successful startups that have very low chance of failing? This sounds like an oxymoron...

[kevan → justboxing]

Unicorn typically refers to a startup that at one time had a valuation of over $1 billion.

[rrhyne → justboxing]

Unicorn = Billion dollar valuation.