A column on barrons.com as Lyft was preparing to launch its IPO contained the following$$ advice: "The Lyft IPO is sure to create excitement as other tech unicorns prepare to follow it to market. Investors should stand back on the curb until there is a clear road to$$ profitability."

$$Source: Andrew$$ Bary, "Investors Should Steer Clear When Lyft Goes$$ Public,"

barrons.com$,$

March$22,2019.$

Part $2$

a$.$ What is a$$ "tech unicorn"?

A$.$

A new firm or startup in the tech industry that has a value of more than$$ $$1$ billion.

B$.$

An established firm in the tech industry that has a value of more than$$ $$1$ billion.

C$.$

Any firm in the tech industry that loses money but is still viewed by investors as profitable.

D$.$

A new firm or startup in the tech industry that has a value of more than$$ $$1$ million.