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The wave of unicorn IPOs reveals Silicon Valley’s groupthink

The Economist suggest that if you want to go unicorn spotting, you must not hesitate to take a turn around the brand-new park on top of San Francisco’s Transbay bus terminal. This is not because it is perched on a spectacular, undulating building that itself looks quite like a mythical beast to the likes of Moby Dick, nor because its tastefully planted flora offer a particularly enticing equine habitat. It is just that, as a would-be icon of San Francisco’s business district, the park is conveniently placed for looking out on their corporate headquarters…

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