Emerging World of Entrepreneurship: Unicorns and Billion Dollar Start-ups

The recent sensational news about new age entrepreneurs taking the world by storm with their freshly minted eCommerce and Technology startups attracting Billion Dollar valuations needs some analysis based on sound business fundamentals. This article assesses the business strategies of these ventures some of them being called Unicorns because they can do no wrong. The key themes in this article are that businesses exist to make profits and investors fund to get returns and hence, one has to balance the eye popping valuations with the question as to whether their business models can survive over the longer term.

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