One of the biggest battles going on right now between startups and established business is in the financial space. Long-standing giants of the American banking scene are being threatened by the little guys who have picked one specific financial service and are delivering it with excellence.
There are more than 80 “unicorns” in today’s global startup industry. That means there are more than 80 privately-owned and venture-funded new businesses with valuations of over $1 billion. While we could talk all day about the tech “bubble” and whether or not these valuations are reasonable, these companies are clearly doing something right.