, Columnist
Good Things Come to Those Who Wait for Unicorn IPOs
Despite less of a first-day pop, more established companies do better in the long run.
Patience can be an investing virtue when it comes to unicorns.
Photographer: Rolf Vennenbernd/AFP/Getty Images
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The unicorns are coming, and not a minute too soon for many investors.
As Bloomberg News reported recently, a flood of private companies are planning initial public offerings for next year, including behemoths such as Uber, Lyft and Slack Technologies. Airbnb may also add its name to the list.