THE RISEOF UNICORNS: STATEOFTHE ARTOF THEORETICAL AND PRACTICAL DEVELOPMENTS

The evolution of technology, digitalization, and the growing interest of investors has led to an impressive increase in the number of unicorn companies globally. The first part of this article aims to provide an overview of the concepts used for these startups, which experience rapid growth towards a market valuation of $1B, impacting capital market dynamics and investment strategies. The second part of the paper presents a statistical overview of the number and value of unicorns, along with their geographical distribution and breakdown by economic sectors.