There are only two companies that can possibly win Fantasy Unicorn.
Last week, I showed Pando readers my inner calculations as I filled out the first two rounds of CB Insights’ amazing March Madness style bracket to agree on the world’s most undervalued unicorn. As its readers are voting on round three, I decided to complete the whole damn thing and crown the winner before CB Insights has a chance.
As the field winnows down, it becomes a battle of promise vs. existing dominance that may be a tad overvalued. The calls aren’t easy. But my ultimate winners made me feel slightly less hopeless about the state of the Valley. They aren’t just undervalued unicorns. They are truly unique companies that deserve the silly mythical title, tainted as it may have forever become.
Round three: The sweet sixteen. As a reminder, this is based on upside considering current price…