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A dragon is a company that returns an entire fund — a "fund maker".
"Facebook is not just a fund-maker, it's a firm-maker".
Dragons are four times rarer than unicorns, and only 27%% of unicorns are fund-makers.
In many cases, these IPOs are "fund-makers" for the early stage VCs.
Dragons, on the other hand, may not be valued at over $1 billion; yet, dragons are extremely profitable, returning all of the capital issued out of the fund a "fund-maker".
Eliot Spitzer, the New York State attorney-general, set out to protect private investors in his state of New York and speared a range of offenders, from stock analysts at investment banks to managers of mutual funds and makers of false markets in insurance contracts.But it is not clear whether Mr Spitzer's exploits have achieved all that much in the longer term.
Soderbergh spike for Lee film fund Film-makers are often asked who inspired them to pick up a camera.
By funding film makers, ESA are making a bold statement about where space exploration should be in our society, which is in its very heart and soul.
As the credit crunch began and banks found it increasingly difficult to get access to funding, policy makers faced a choice: deal with the problem in a piecemeal way, or address the root causes immediately.
Admittedly, reading the variations in language, tolerance levels and track record among those who are only registered to "advance religion" will take more effort from funding decision makers than a blanket ban.
Two large European banks have pledged to become Plus Funds market makers, Shugre says, and he hopes more will follow suit.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com