Good News for Unicorns — And the Hedge Funds That Love Them

Two private companies in the past week boosted their valuations after new rounds of fundraising, while another announced plans to go public.

Stephen Taub September 24, 2019

John and Patrick Collison, co-founders of Stripe Inc.

(David Paul Morris/Bloomberg)

What a week for the unicorns.While several of these private companies with valuations exceeding $1 billion are currently under attack from regulators and investors, at least two of them last week got a big boost from investors, while another one teased plans to

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