[pjmlp]

Really? What about Telerik?

Not paying attention it seems.

[slavoingilizov]

(I worked at Telerik until 2014). They were acquired by Progress software later that year for $262m, so no longer independent nor a unicorn. Still one of the biggest successes.

The Payhawk founders are ex-Telerik and Telerik has made a major influence on the Bulgarian startup ecosystem.

[pjmlp]

That makes Payhawk not the first one, which was my point.

[yywwbbn]

But it seems they were never valued at over 1billion (which iirc is the definition of an ‘unicorn’)

[pjmlp]

A definition that keeps changing since .com wave from the 90's.

[cameronh90]

I don't think the term unicorn existed in the 90s? It's always been $1bn as far as I recall...

[klohto]

Considering "unicorn" in popular culture didn't really exist till ~2013, it hasn't changed. Always been 1B

[gostsamo]

Telerik is no longer a bulgarian company. They were bought by Progress years ago.

Edit: grammar and spelling

[pjmlp]

It looks like a sucessful acquisition to me, and its founders.

[emteycz]

But for 1/4 of what unicorn should be.

[pjmlp]

In what year?

[gostsamo]

2014