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Why unicorn hunting could be costly for family offices

Jaycee Man
The market needs a “reality check” given the sky-high valuations of many multi-billion dollar pre-public companies, delegates at AsianInvestor’s Family Office Forum were told on Monday.
Why unicorn hunting could be costly for family offices

Given the disappointing performances of Uber and Lyft after their recent public market debuts, investors have extra reason to be wary of the high valuations that such so-called unicorns currently command. 

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