Technology investors need more than one unicorn businesses

A decade ago, the investor in the Silicon Valley, Eileen Lee, formulated the term “unicorn” to describe the startups that reached a billion dollar evaluation. Soon the name preferred. However, today unicorn businesses are no longer very rare. After its highlight of the days of liquidity from 2021, the number of emerging “Unicorn” businesses created worldwide began to decline, from 621 companies in 2021 to 95 companies last year, according to the market information business “CB Insights”, partly due to the high interest rates and the largest investigation. This was a good correction in some aspects. In light of the threat made by the rise of obstetric intelligence by creating more momentum in the market, it is necessary that investors have their focus on startups with strong basic principles, in addition to a long -term promise. Here is an innovative name that is appropriate in this context, which is ‘authentic horses’ (elite businesses). According to Soul Klein, founder of the Bold Capital Company Localglobe in London, these companies earned at least $ 100 million annually, changing the investment conditions dictionary. He adds that startups whose annual sales volume is at least $ 25 million described as ‘dowries’ (promising companies). Small was not the first to address the debate on the most rational investment using an animal related metaphor. Others have suggested that it describes it as foxes or chests (a legendary half a person, and the other half is a horse), although small wants to avoid using legendary samples. He says, “It not only relates to hope and promise, but is also related to the basics of hope and promise.” Over the past few decades, new technology has been able to reform and boast great growth, and that Bold Capital has become one of the best performance classes over the past decade, according to the bank “Morgan Stanley”. However, the description of “Unicorn” was out of control, as startups sometimes used desperate measures to reach their desired position as soon as possible. Some of them were involved in multiple money over short periods of raising tours to reach the threshold of the magical dollar, while others turned into directions such as blockchain blocks or artificial intelligence to take advantage of the momentum of the market. It is known that “Wework” promoted unrealistic growth; Where its value has increased to more than “ten billion dollars”. Europe is a suitable place to convert the focus into revenue thanks to the requirements of transparency. The startups in the region are still late as the Silicon Valley in their ability to obtain higher financing at a later stage, making it difficult to expand their space to become the next “Microsoft” or “alphabet”. But local daring capital companies already have precedence for sustainable business models at evaluation measures, partly because of their ability to rely on numbers to make their decisions. Unlike its peers in the United States, European startups are subject to stricter regulatory rules that require financial disclosures. Although it is almost impossible to know the revenue numbers for US companies such as “Scale.AI”, based in San Francisco (who has just raised one billion dollars in the $ 14 billion rating), or its ‘anthropic’ neighbor (allegedly between $ 15 and 20 billion), you can easily provide data for any private company, which all registered in the UK. So far, European institutional investors have followed this approach to a large extent because they have avoided putting their money into new technology with great promises. When the Deepmind’s artificial intelligence laboratory began, the founders of the company struggled to acquire supporters who placed more than 30 thousand pounds ($ 38 thousand dollars) in it, and they had to travel to Silicon Valley to acquire the millions they needed, such as Peter Thil and Elon Musk. (Finally bought Google Depp Mind for $ 650 million). A national duty was not useful for European investors to be persuaded to do their national duty by “supporting” local technological systems-a idea of ​​French President Emmanuel Macron, who targets 25 unicorn businesses by 2025. Klein says, “Investors were right when they said, Why?” Are these scientific projects? This is people’s retirement savings. We are not charities. ‘To change the direction, it can be useful for institutional investors to look at the extensive numbers that elite businesses across the country and the wider European region have achieved. On the other hand, British investors are now preparing to increase their investments to local pension businesses-which run the values ​​of about 3 trillion US dollars, which will enable 5% of her virtual money for a state sector.