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To be fair, the first "tech" Unicorn was I.Net in year 2000. At the time of IPO it was worth ~€1.5B.

The term "Unicorn" hasn't been coined yet back then.

Source: my business partner was the co-founder of I.Net.



The rest of the article qualifies the statement with a "since the dotcom boom".

And BTW, congrats although 20 years late :)!


AFAIK Yoox is the first Italian unicorn after the dotcom boom.


true. YOOX is totally a unicorn.

and before the boom: tiscali.


As italian with a direct experience both times with it, I think Tiscali is an order of magnitude better now than when it was a unicorn, maybe these investements require profits so that companies need to cut on quality?


sorry if i'm totally misinformed, but isn't tiscali on the verge of bankruptcy? the stock looks really really bad: https://finance.yahoo.com/quote/TIS.MI/


I wasn't aware of that, I was speaking as a user, maybe they're having an hard time to re-conquer customer's trust, but right now their connection is quite stable and fast


Sounds like there is a story in here, so what happened to I.net?


Also Prima.it has got 1B+ founding a couple years ago. Unicorns in Italy are rare but are some.


Prima raised $100+M in their Series A in 2018, I don't think the official valuation was ever disclosed




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