The special purpose vehicle described doesn't add up. By definition, "unicorn" references a $1billion valuation minimum and a 600M fund isn't sufficient to acquire it. Unless they mean the principals will identify and acquire startups with unicorn possibilities before the companies reach that stage. ...Which is what regular VC does anyway.
Also confusing that they tout ability to help build product market fit as an advantage for targets when in almost all cases, a unicorn startup would have achieved that:
“We, i.e. the team that helped build Facebook, will help you build a bottom up understanding of product market fit”
Also confusing that they tout ability to help build product market fit as an advantage for targets when in almost all cases, a unicorn startup would have achieved that: “We, i.e. the team that helped build Facebook, will help you build a bottom up understanding of product market fit”