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📈 What is a “Unicorn”?
⚫️ Yesterday, news spread widely that the company TOP became the first unicorn in the TON ecosystem, with a valuation of $1 billion. But what does that actually mean? Was this a major milestone for TON or something less significant? Here’s an explanation for those unfamiliar with the world of venture capital.
⚫️ A startup’s life usually looks like this: “We’re working on an innovative product and believe in its potential, but since we’re not yet profitable, we need funding.” Venture capitalists can provide that funding in exchange for a stake in the company. Their logic: “If we help bring a successful idea to life and own a part of it, our investment could yield substantial returns.”
⚫️ Imagine an investor is ready to give a startup $1 million. How much equity should they receive in return? To figure that out, the company needs to be valued — what would be a reasonable total price for the whole business? Once that valuation is set,...
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📈 What is a “Unicorn”?
⚫️ Yesterday, news spread widely that the company TOP became the first unicorn in the TON ecosystem, with a valuation of $1 billion. But what does that actually mean? Was this a major milestone for TON or something less significant? Here’s an explanation for those unfamiliar with the world of venture capital.
⚫️ A startup’s life usually looks like this: “We’re working on an innovative product and believe in its potential, but since we’re not yet profitable, we need funding.” Venture capitalists can provide that funding in exchange for a stake in the company. Their logic: “If we help bring a successful idea to life and own a part of it, our investment could yield substantial returns.”
⚫️ Imagine an investor is ready to give a startup $1 million. How much equity should they receive in return? To figure that out, the company needs to be valued — what would be a reasonable total price for the whole business? Once that valuation is set,...
View original post