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Home > Business English Pod :: Learn Business English Online > Business English News 35 – Tech Unicorns
Podcast: Business English Pod :: Learn Business English Online
Episode:

Business English News 35 – Tech Unicorns

Category: Business
Duration: 00:05:48
Publish Date: 2016-01-03 02:21:49
Description:

 

BEN-35-Tech-Unicorns-POD

Originally named for their rarity, technology “unicorns” are now as common as cats and dogs. As the number of companies hitting the $1bn valuation mark that defines a unicorn skyrockets, it’s easy for investors to be giddy with excitement. But, as City AM points out, these magical creatures may be too good to be true:

The so-called “unicorns” are being targeted by traders betting their share prices will fall. Named because of their mythical, elusive status, the number of unicorns running around has been enough to garner speculation that many of these firms are overvalued.

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