In particular, much has been written around the key questions of whether their worth is anywhere near their valuations and why they are reluctant to go public. Unicorns have become widely studied and very popular in business press. A complete list of unicorns is published by The Wall Street Journal as of February 2016, it includes a total of 146 companies. As of February 2016, the top 10 unicorns for market capitalization are: Uber, Xiaomi, Airbnb, Palantir, Meituan-Dianping, Snapchat, Didi Kuaidi, Flipkart, and SpaceX. The term “unicorns,” coined, in 2013, by Aileen Lee, founder of Cowboy Ventures, is commonly used to identify venture-backed private companies valued at $1 billion or more.
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