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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.
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 go public sometime next year.Suddenly, unicorns are
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