To get big faster, younger unicorns start buying startups sooner
So-called “unicorns”—privately-held tech companies that achieve billion-dollar valuations—are chomping at the bit to make their first acquisitions, suggesting a mounting pressure on companies to grow even quicker. On average, recently founded unicorns are more likely to make their first M&A transactions sooner after founding than their older counterparts. (TechCrunch)