Upgrading a Unicorn to a Centaur

The large number Unicorns (private companies valued at $1 billion+) is making it difficult to identify promising stable ventures. A new term “Centaur” should be used to designate those Unicorns with an Annual Recurring Revenue (ARR) of at least $100 million. There are 25 Israeli ones.

https://www.timesofisrael.com/out-with-the-unicorns-in-with-the-centaurs-a-new-tech-milestone-takes-shape/

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