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People dressed as unicorns take part in the Web Summit in Lisbon on November 3, 2021.

Carlos Costa/AFP by way of Getty Photos

People dressed as unicorns take part in the Web Summit in Lisbon on November 3, 2021.

Carlos Costa/AFP by way of Getty Photos

To enterprise capitalists, investing in startups is like taking part in the lottery. Buyers write them huge checks and supply steerage, hoping to delivery a unicorn—an organization with a valuation of $1 billion or extra. One unicorn could make up for the remainder of their investments that flop.

However what occurs to the startups that do not attain unicorn standing or fail however simply … do positive? At this time, we hear from the founder of 1 such firm and one investor who’s on the lookout for tech workhorses, not unicorns.

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