Good. But only in the sense it has helped give the media a catchy subject to talk about. Technology innovation is a very niche sub-specialty, those of us who donated our life and work. But for most people in America and the culture globally don't really understand what happens. So to give a handle to a phenomenon that's relevant for people in the industry and that makes it accessible to a general population is useful.
I think it does focus people on the wrong things in the industry, that founders are too focused on bumps and valuation and less on real value creation on the business. In making our industry intelligible to the wider population I think has been a very useful idea.
Good. I think what's evil is people doing strange contortions to try to get the valuation that involve weird terms that end up hurting everyone, but there’s nothing wrong with aiming to be big and successful. That's all we all want.
Evil. I don’t think it helps the conversation. More importantly, there’s a difference between what’s on paper and what actually happens when a company is sold or IPOs. At those times, if you want to celebrate it is great. But unicorn for paper valuation isn’t helpful.