In technology, much like fiction, unicorns are rare, mythical creatures, which most only ever dream of capturing.
In tech start-up land "unicorn" has become the moniker for a company that has achieved the valuation of $US1 billion, and in the United States only about 0.14 per cent of tech start-ups ever reach that status.
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Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com
Paul Smith edits the technology coverage and has been a leading writer on the sector for 20 years. He covers big tech, business use of tech, the fast-growing Australian tech industry and start-ups, telecommunications and national innovation policy. Connect with Paul on Twitter. Email Paul at psmith@afr.com