Paul Graham wants to farm black swans. Dave McClure likes ugly ducklings, little ponies, and centaurs. Almost all large VC funds are looking for unicorns, while some people argue that investors should hunt dragons, and others talk about decacorns.
If you have no idea what I’m talking about, here’s a quick refresher. The term unicorn was coined by Aileen Lee about two years ago to describe those rare and magical tech startups that have reached a valuation of $1 billion or more.
