Tag: unicorns

Sovereign wealth funds go hunting Unicorns in Silicon Valley

Sovereign wealth funds go hunting Unicorns in Silicon Valley

Written by on May 12, 2017 in Features with 0 Comments

LONDON (Reuters) – Sovereign investors are sinking more money into tech start-ups and opening offices in Silicon Valley in the hope of bagging a “unicorn” – the rare private firm that grows in value to over $1 billion. Sovereign wealth funds (SWFs), which run over $6.59 trillion in assets, hope that investing at an early […]

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Will 2017 be the year of AI, or the year of the donkey?

Will 2017 be the year of AI, or the year of the donkey?

Written by on January 4, 2017 in Guest Blog, Opinion with 0 Comments

Artificial Intelligence.  AI is likely to be the most important theme in the technology sector this year. This is because AI could become a major differentiator in determining which Digital Life services are the best and therefore preferred and paid for by consumers. AI will also underpin the autonomy of any machine be it an […]

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2017 IPO market could be boosted by Silicon Valley’s obscure unicorns

2017 IPO market could be boosted by Silicon Valley’s obscure unicorns

Written by on January 2, 2017 in News with 0 Comments

(Reuters) – Social media firm Snap Inc may be the highest profile tech IPO planned for 2017, with the potential to raise billions. But more than a dozen expected stock offerings of relatively obscure software firms (unicorns) targeting business customers – little-known names such as Apttus, Tintri and Okta – could be just as important […]

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To IPO or not to IPO – that is the question of 2016

To IPO or not to IPO – that is the question of 2016

Written by on June 23, 2016 in News with 0 Comments

(Reuters) – Last fall, Jessica Mah, the founder and chief executive of San Francisco-based inDinero, was deluged with calls from investors wanting to know when the accounting software maker would go public. The conversation has changed dramatically since. “My investors are now pushing for not wanting to go public anytime soon,” said Mah, who started […]

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Unicorns become ‘unicorpses’ as investment slows up

Unicorns become ‘unicorpses’ as investment slows up

Written by on December 9, 2015 in News with 0 Comments

BEIJING (Reuters) – The Beijing offices of Shequ001, a start-up delivering supermarket goods booked via smartphone, stand almost deserted. Leaflets lie scattered on the floor. Nearly 400 former employees, of a workforce that in March topped 2,000, have joined a social network clamoring to get their unpaid wages. Zhang, who gave only his family name, […]

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