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Unicorn (company)
In business, a unicorn is a startup company valued at over US$1 billion which is privately owned and not listed on a share market. The term was first published in 2013, coined by venture capitalist Aileen Lee, choosing the mythical animal to represent the statistical rarity of such successful ventures. Many unicorns saw their valuations fall in 2022 as a result of an economic slowdown caused by the COVID-19 pandemic, an increase in interest rates causing the cost of borrowing to grow, increased market volatility, stricter regulatory scrutiny and underperformance. CB Insights identified 1,248 unicorns worldwide . Unicorns with over $10 billion in valuation have been designated as "decacorn" companies. For private companies valued over $100 billion, the terms "centicorn" and "hectocorn" have been used. History Aileen Lee originated the term "unicorn" in a 2013 ''TechCrunch'' article, "Welcome To The Unicorn Club: Learning from Billion-Dollar Startups". At the time, ...
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MGL0333
MGL may refer to: *the International Olympic Committee code for Mongolia, see Mongolia at the Olympics * Missionaries of God's Love, a Roman Catholic religious congregation *IATA airport code for Mönchengladbach Airport *ICAO code for MIAT Mongolian Airlines *General Laws of Massachusetts, also known as Massachusetts General Laws *Monoacylglycerol lipase, a human protein *Multiple grenade launcher, such as the Milkor MGL The Milkor MGL (Multiple Grenade Launcher) is a lightweight 40 mm six-shot revolver-type grenade launcher (variations also fire 37/38mm) developed and manufactured in South Africa by Milkor (Pty) Ltd. The MGL was demonstrated as a concept to t ... * Multiple granularity locking, a method for locking in databases {{disambiguation ...
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The Mercury News
''The Mercury News'' (formerly ''San Jose Mercury News'', often locally known as ''The Merc'') is a morning daily newspaper published in San Jose, California, in the San Francisco Bay Area. It is published by the Bay Area News Group, a subsidiary of Media News Group which in turn is controlled by Alden Global Capital, a vulture fund. , it was the List of newspapers in the United States#Top 10 newspapers by circulation, fifth largest daily newspaper in the United States, with a daily circulation of 611,194. , the paper has a circulation of 324,500 daily and 415,200 on Sundays. this further declined. The Bay Area News Group no longer reports its circulation, but rather "readership". For 2021, they reported a "readership" of 312,700 adults daily. First published in 1851, the ''Mercury News'' is the last remaining English-language daily newspaper covering the Santa Clara Valley. It became the ''Mercury News'' in 1983 after a series of mergers. During much of the 20th century, it wa ...
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Jumpstart Our Business Startups Act
The Jumpstart Our Business Startups Act, or JOBS Act, is a law intended to encourage funding of small businesses in the United States by easing many of the country's securities regulations. It passed with bipartisan support, and was signed into law by President Barack Obama on April 5, 2012. Title III, also known as the CROWDFUND Act, has drawn the most public attention because it creates a way for companies to use crowdfunding to issue securities, something that was not previously permitted. Title II went into effect on September 23, 2013. On October 30, 2015, the SEC adopted final rules allowing Title III equity crowdfunding. These rules went into effect on May 16, 2016; this section of the law is known as Regulation CF. Other titles of the Act had previously become effective in the years since the Act's passage. Legislative history Following a decrease in small business activity in the wake of the 2008 financial crisis, Congress considered a number of solutions to help sp ...
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Internet Age
The Information Age is a historical period that began in the mid-20th century. It is characterized by a rapid shift from traditional industries, as established during the Industrial Revolution, to an economy centered on information technology. The onset of the Information Age has been linked to the development of the transistor in 1947. This technological advance has had a significant impact on the way information is processed and transmitted. According to the United Nations Public Administration Network, the Information Age was formed by capitalizing on computer miniaturization advances, which led to modernized information systems and internet communications as the driving force of social evolution. There is ongoing debate concerning whether the Third Industrial Revolution has already ended, and if the Fourth Industrial Revolution has already begun due to the recent breakthroughs in areas such as artificial intelligence and biotechnology. This next transition has been t ...
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Dot-com Bubble
The dot-com bubble (or dot-com boom) was a stock market bubble that ballooned during the late-1990s and peaked on Friday, March 10, 2000. This period of market growth coincided with the widespread adoption of the World Wide Web and the Internet, resulting in a dispensation of available venture capital and the rapid growth of valuations in new dot-com Startup company, startups. Between 1995 and its peak in March 2000, investments in the NASDAQ composite stock market index rose by 80%, only to fall 78% from its peak by October 2002, giving up all its gains during the bubble. During the dot-com crash, many online shopping companies, notably Pets.com, Webvan, and Boo.com, as well as several communication companies, such as Worldcom, NorthPoint Communications, and Global Crossing, failed and shut down. Others, like Lastminute.com, MP3.com and PeopleSound were bought out. Larger companies like Amazon (company), Amazon and Cisco Systems lost large portions of their market capitalizati ...
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Neologism
In linguistics, a neologism (; also known as a coinage) is any newly formed word, term, or phrase that has achieved popular or institutional recognition and is becoming accepted into mainstream language. Most definitively, a word can be considered a neologism once it is published in a dictionary. Neologisms are one facet of lexical innovation, i.e., the linguistic process of new terms and meanings entering a language's lexicon. The most precise studies into language change and word formation, in fact, identify the process of a "neological continuum": a '' nonce word'' is any single-use term that may or may not grow in popularity; a '' protologism'' is such a term used exclusively within a small group; a ''prelogism'' is such a term that is gaining usage but is still not mainstream; and a ''neologism'' has become accepted or recognized by social institutions. Neologisms are often driven by changes in culture and technology. Popular examples of neologisms can be found in science, ...
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First-mover Advantage
In marketing strategy, first-mover advantage (FMA) is the competitive advantage gained by the initial ("first-moving") significant occupant of a market segment. First-mover advantage enables a company or firm to establish strong brand recognition, customer loyalty, and early purchase of resources before other competitors enter the market segment. First movers in a specific industry are almost always followed by competitors that attempt to capitalise on the first movers' success. These followers are also aiming to gain market share; however, most of the time the first-movers will already have an established market share, with a loyal customer base that allows them to maintain their market share. Mechanisms leading to first-mover advantages The three primary sources of a first-mover advantage are technology leadership, control of resources, and buyer switching costs. Technology leadership First movers can make their technology/product/services harder for later entrants to replic ...
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Indian Premier League
The Indian Premier League (IPL) is a professional Twenty20 (T20) cricket league in India, organised by the Board of Control for Cricket in India (BCCI). Founded in 2007, it features ten city-based Professional sports league organization, franchise teams. The IPL is the List of sports attendance figures#Sports leagues, most popular and List of professional sports leagues by revenue, richest cricket league, and the second-richest sports league in the world. It is held annually between March and May. It has an exclusive window in the ICC Future Tours Programme, Future Tours Programme of the International Cricket Council, resulting in fewer international tours occurring during the seasons. It is also the most viewed Indian sports event, per the Broadcast Audience Research Council. In 2014, it ranked sixth in attendance among all sports leagues. Inspired by the success of the IPL, other Sport in India#Major sporting leagues or competitions, Indian sports leagues have been establi ...
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Klarna
Klarna Group plc, commonly referred to as Klarna, is a Swedish fintech company that provides online financial services. The company provides payment processing services for the e-commerce industry, managing store claims and customer payments. The company is a "buy now, pay later" service provider. The company has more than 5,000 employees, most of them working at the headquarters in Stockholm and offices in Berlin. In 2021, the company handled about US$80 billion in online sales. Klarna initially planned to file as an American IPO in April 2025 and was projected to be valued at $15 billion. This valuation was about one-third of its peak of $45.6 billion in 2021. Klarna delayed their IPO filing as a result of the 2025 United States trade war with Canada and Mexico. History The three founders Sebastian Siemiatkowski, Niklas Adalberth and Victor Jacobsson founded Klarna in 2005 after participating in the Stockholm School of Economics annual entrepreneurship competition. Ange ...
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GoTo (Indonesian Company)
PT GoTo Gojek Tokopedia Tbk, trading as GoTo, is an Indonesian technology company. The company was formed in 2021 in a merger — the largest in the country at that time — between two major startups: the ride-hailing company Gojek and the e-commerce firm Tokopedia. Considered as one of three super-app giants in Southeast Asia (other than Grab and Shopee), GoTo is the most valuable startup in Indonesia and contributes to about 2% of the country's GDP. The company (as Gojek or GoTo) has been included multiple times in Fortune's Change The World List, which includes tech companies such as Microsoft, Accenture, Airbnb, Apple, Tencent, and Shopee. History Gojek Gojek was started by Nadiem Makarim in 2010 as a call center and 20 ojeks ( motorcycle taxi) to arrange transportation and courier deliveries. In 2015, Gojek started an app which boosted the orders from 3,000 to 10,000 orders per day, and expanded the services including food delivery, ticket sales, etc ...
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Getir
Getir (; "bring" in Turkish) is a Turkish company, operating in several countries until 2024, founded as a startup company in 2015 that offers rapid on-demand delivery services for grocery items and a courier service for restaurant food deliveries, accessed via a mobile app. In March 2022, Getir announced that it had raised US$768 million in its Series E, valuing the company at nearly $12 billion, but a further funding round in mid-2023 valued the company at a quarter of that figure. From 2023, Getir started to withdraw from other countries than Turkey, announcing withdrawal from all other countries in April 2024. Closure of all their market operations outside of Turkey was completed in May 2024. History The company was founded in 2015 by a team including , who also founded the Turkish ride-hailing app BiTaksi. Getir expanded rapidly since then, having doubled its orders in the second half of 2019 to reach almost 1.5 million in December of that year. It generated $120 m ...
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