Hello Shan,

Thank you for your comment and for taking the time to share your thoughts with readers. Start ups may be a mitigating factor. However, I would argue that it may mean that many of the unicorns would not have been funded in past eras because the business models were not compelling enough, or did not generate revenues soon enough. I think the poor state of the unicorns' balance sheets bears this point out. For the sake of capitalism I hope that you are right.

Yours, in service,

Jason