$10 Billion Is the New $1 Billion

Nitasha Tiku · 05/16/14 11:00AM

Remember The Unicorn Club of startups that secured an esteemed $1 billion valuation? Might as well be The Garbage Club now, full of trifling companies with worth the kind of coin one chucks out the window from the backseat of an Uber. Why, in the past 24 hours alone, Pinterest and Uber reportedly increased their valuations by a collective $8.7 billion.