The Naked Truth: 30% of US Unicorns Have No Patents
2 12 2015IPWatchdog
November 3, 2015
Efrat Kasznik & Lynn Dudinsky
It seems that not a day goes by without a commentary about Unicorns, a Silicon Valley-coined term used to describe a startup (pre-exit) with a valuation exceeding $1 billion. The number of Unicorns, the vast majority of which are US software companies, has recently crossed the 150 mark, according to the TechCrunch Unicorn leaderboard. Topping the US Unicorn list are high flyers like Uber at $51 billion and Airbnb at $25.5 billion, followed by companies that are mostly concentrated in three industries: Consumer Internet, E-commerce and Software.
Unicorns have captured the attention of investors, analysts and other market observers who are trying to understand the factors driving the formidable valuations commanded by these mythical ventures and, in some cases, bet on their future, or even announce their sudden demise.
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