Little startups are ridiculously overfunded.
Your writers write these pieces about meaningless startups, meaningless apps and meaningless companies.
Some investors may grumble about entrepreneurs wanting 'unicorn valuations.' But let's be honest: most investors want them, too, and are supporting the massive capitalization of these companies.
Many entrepreneurs, and the venture investors who back them, seek to build billion-dollar companies.
I think there are a lot of companies that are staying private longer. Much more of their growth is happening while they are on the private side. So their valuations are hitting $1 billion while they are still private more often.
Each major wave of technology innovation has given rise to one or more super-unicorns - companies that could change your life to work at or invest in if you're not lucky/genius enough to be a co-founder.
I think that it will be the mobile technologies, both from the enterprise and the consumer side, where super unicorns will come from. I still believe that social networking in combination with mobile will create opportunities for super unicorns.
I work with tiny companies, so I don't really live in unicorn world, to be honest.
