An Unrealistic Creature Worth A Billion USD
In an article published in "The Marker" magazine, Adv. Yonatan Altman, Chairman of Amit, Pollak, Matalon & Co., head of the firm's Corporate and High Tech Department and Fund practice, referred to the issue of investments in start-up companies called "unicorns".
A "Unicorn" is a nickname for a private company which earns a higher evaluation prior to its IPO.
In Adv. Altman's opinion, given that there is enough private money looking for investments and the current high prices in the market - the private investments will continue to enjoy high prices. Furthermore, Adv. Altman thinks that the prices of private investments have not as yet reached their peak.
For the full article click here (Hebrew)