Question

Zoom was identified as a unicorn in the case. A unicorn is a Multiple Choice A. private equity firm investing $1 billion or more into a start-up company.

B. foreign company entering into the United States with no local investment in capital. C. private company worth $1 billion or more. D. tech startup company with over a million users. E. company with an IPO that gains at least 50 percent on opening day.

Answer 1

Answer: C

Step-by-step explanation:

Unicorns are rare and powerful creatures, hence the term.

Not:

A: because a private equity firm can invest $1 billion dollars into any company/ does not change how much it makes.

B: Foreign companies do this all the time

D: Not all startups are tech companies/ is a feat that do not align with each other.

E: The company can still fail even with a high gain in the IPO