Better term my "Speculative " post for Big Ego as
Post# of 22454
Speculation doesn't equal promo but only a Big E-diot wouldn't get that.
Valuation
Unicorn status is determined by the valuation assigned by investors during a funding round. Investors put money into a startup in exchange for a percentage stake in the company. How much the company is worth can be extrapolated from how much the investors get for their money. For example, if a startup raises $100M for 10% of its total equity, that company is worth $1B (or $1.1B post-money, including the cash invested).