Unicorns.
The most overused word in the technology industry today. And they aren’t even fucking real. That is how absurd things have gotten. No, I take that back. THIS is how absurd things have gotten:
“I have to raise at a billion-dollar valuation” “Why? You don’t have the revenue or profit to support that valuation.” “But if I don’t I won’t be able to recruit the best people in the market. And every great company is raising at north of a billion dollars now so I need to in order to compete.” “Ok. Well, if you choose the price, I choose the terms.” “Deal.”