• Current Events,  Mile High View

    Beware!! The Unicorns Are Coming!

    That’s right, the Unicorns are coming. As an article in The Economist[1]pointed out, we use a lot of animal names: bull, bear, dog, hawk, dove, lion, and – in the last few years – unicorn. Unicorns are private companies that are valued at $1 billion or more. Lyft recently came public valued at a $16 billion market cap. Uber has filed and more will follow: Airbnb, We Work, Pinterest, Slack, and a host of Chinese unicorns. I live in Seattle and remember when Microsoft came public. It was a small startup and already profitable, but nothing close to the size of a unicorn. Starbucks had just begun to expand outside…