[feb] Indian start-ups

Question 1

context?

Answer 1

India’s Internet start-ups may be on the cusp of public listing.

Public listed company : company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets.

Question 2

Types of firms based on valuation?

Answer 2

Minicorn : above $1 million

soonicorn : above $100 million or has received funding of more than $500 million

Unicorn : billion dollars

Decacorn : over 10 billion

Hectacorn : above 100 billion