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DigitalzPro • 5m
A proficorn is a profitable, private, and promoter-funded company with a reasonable valuation. The term was coined by Rajesh Jain, the founder of Netcore Cloud. Characteristics of a proficorn: Profitable: Proficorns are profitable companies that can maintain high valuations. Private: Proficorns are private companies. Promoter-funded: Proficorns are funded by their promoters. Reasonable valuation: Proficorns typically have a valuation of $100 million or more.
Founder, Designer & ... • 1y
Startup Fact: Did you know that the term 'unicorn' in the startup world was coined just a decade ago? Aileen Lee first used it in 2013 to describe private companies valued at over $1 billion. In 2013, there were only 39 unicorns. Today, there are ove
See MoreFounder - Burn Inves... • 3m
A few months ago, SEBI reduced the face value of private NCD placements from ₹1 lakh to ₹10,000. The main reason behind this move was to encourage retail participation in the debt market. At the time, my concern was whether companies would lower the
See MoreFounder - Burn Inves... • 24d
At the present time, IPOs have become useless. Right now all the companies are worried about their valuation, they have nothing to do with what will happen to the share value or share price after listing, and due to this, those companies that are com
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