Tommy is the CEO of a private start-up firm that is valued at just over $1.2 billion dollars. His firm can be classified as a unicorn. Option B
This is further explained below.
What is a unicorn?
Generally, A unicorn company is one that has a value of at least $1 billion but has not yet been listed on a stock exchange. Unicorn firms are the ambition of each technology entrepreneur.
In conclusion, Tommy serves as the Chief Executive Officer of a private start-up company that is now valued at little more than $1.2 billion dollars. A unicorn accurately describes his company's status. Alternative
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Complete Question
Tommy is the CEO of a private start-up firm that is valued at just over $1.2 billion dollars. His firm can be classified as being a
A) highly differentiated firm.
B) unicorn.
C) conglomerate.
D) dominate firm.
