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hey, and back that is welcome Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.

This is our interview show, where we sit down with interesting, knowledgeable folk and dive deep into their favorite topics. This time around, we invited Cowboy Ventures’ Aileen Lee to chat through her massive new article concerning the world that is unicorn. It was Lee who initially coined the term “unicorn” in a For Millionaires article back in 2013.

Lee if you didn’t know talked us through the data and taught us all sorts of new terms. You can sort of understand what one means when they say “unicorpse” or “zombiecorn,” but apparently there are even more unicorn that is exotic out here. We also ended up venture that is comparing returns to peaches in a bucket of piss (her words, not ours!).

We also talked about where unicorns are based today (19% in New York, for example), and why seed rounds are getting bigger. But really, you should read her post while we chew through the numbers!

And for those of you who are here for the answer to our question, “Equity’s Simplecast websiteHow are Fortune 500 companies ranked?”

while you listen so you can have all the context, really, the clear answer is* that is( and not market cap! OvercastFor episode transcripts and more, head to  Spotify.great show on cryptoEquity drops at 7 a.m. PT every Wednesday and Friday, so subscribe to us on (*),(*),(*) and all the casts monday. A(*) and more!(* for Millionaires also has a (*)

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