Matt Levine, Columnist

The Unicorns Are Zombies

Also Safe Superintelligence, OpenAI voting rights, the egg spot market, Libra and the Meet Kevin ETF.

February 18, 2025 at 6:03 PM UTC

Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen & Katz; a clerk for the U.S. Court of Appeals for the 3rd Circuit; and an editor of Dealbreaker.

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Somewhat surprisingly, the phrase “zombie unicorn” does not appear in the Money Stuff archive. “Blood unicorn,” sure, in Greek even. “Vampire unicorn,” once. “Ghost unicorn” too. “Decacorn,” absolutely. “Centicorn,” yes. “Double eagle unicorn,” for some reason.1 But here’s the first “zombie unicorn,” from Bloomberg’s Katie Roof:

Also a first for “unicorpse.”