Unless you have been living under a rock, you know that the people of the UK woke up on June 24 to learn that they had voted in favour of leaving the European Union, otherwise know as Brexit. After an emotional campaign, 33.5 million votes were cast in the referendum with 17.4 million voting for Leave, そして 16.1 million for Remain. Months of warnings from both camps focused on both the political and economic ramifications and rewards.
Originally named for their rarity, technology “unicorns” are now as common as cats and dogs. As the number of companies hitting the $1bn valuation mark that defines a unicorn skyrockets, it’s easy for investors to be giddy with excitement. だが, as City AM points out, these magical creatures may be too good to be true:
The so-called “unicorns” are being targeted by traders betting their share prices will fall. Named because of their mythical, elusive status, the number of unicorns running around has been enough to garner speculation that many of these firms are overvalued.