Unicorn

The Jolly Contrarian’s Glossary The snippy guide to financial services lingo.™ Go Premium Index — Click the ᐅ to expand: Glossary Comments? Questions? Suggestions? Requests? Insults? We’d love to 📧 hear from you. Sign up for our newsletter.

A superficially intriguing idea, as long as your powers of disbelief-suspension remain strong and your conception of your own cognitive dissonance weak. But, fundamentally, a stupid idea, as is evidenced by the fact that if one ever did evolve — and the fossil record suggests it did not — it didn’t last long enough to make an impression an anyone but the hippies.

See also

• Uber
• Cashflow negative
• Tech stock
• Cashflow insolvency