Forget Unicorns. Startups Should Be Camels.
Startup ‘camels’ prioritize sustainability by balancing growth with cash flow. In Silicon Valley, the entire ecosystem is aligned around one thing: the cultivation of unicorns — startups valued over $1 billion. Unicorns were once a rare breed, but in recent years, the stable of billion-dollar thoroughbreds has grown to about 350 unicorns around the world. In today’s world, unicorns represent more than a valuation. Rather, they represent a philosophy, an ethos and a process of