Yes, you read the title correctly. The world is at 1,000 unicorn companies as of 2022.
Of course, the term refers to a privately held startup company that has reached $1 billion in valuation. You know some of the major players in the space, like Instacart, Canva and SpaceX.
The term was originally coined in 2013, but back then, unicorns weren’t nearly as common as they were before 2020 and 2021, when the Covid-19 pandemic began.