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The great divergence coming to the ASX and Australia - Fat Tail Daily
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The great divergence coming to the ASX and Australia - Fat Tail Daily
Please discover the most awkward bit of financial jargon I’ve ever come across. It’s “kangaroo-nicorns”. If that sounds incomprehensible and ridiculous to you, I agree. It’s sort of a crappy pun. In the venture capital world, a “unicorn” is a start up that reaches a $1 billion valuation. From memory, someone originally tagged them a unicorn because they were so rare. These days they seem to be more like household cats – they’re everywhere! A kan…
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