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In addition, Zaw is an angel investor, board member, and advisory board member for a select group of private technology companies in the mobile, social networking, and media/advertising sectors.
The number of private technology companies valued north of $1bn – originally nicknamed after the mythical creature due to their supposed rareness – that are based in Europe has risen to 47, according to tech investment bank GP Bullhound.
One challenge in evaluating new stress tech devices is the different speed of private technology development versus publicly funded research.
However, it's a very dull year for big acquisitions of private technology companies.
To that point, it is fair to say that prices of private technology companies are not cheap.
In many respects the year is exceptional given the reopening of the tech IPO market (U.S. only) and the very rapid growth of valuations of private technology companies.
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That was also the bid price recently listed on SecondMarket, a New York company that matches buyers and sellers of shares of hot private technology companies like Twitter and LinkedIn.
That figure surpasses the $40bn value of taxi booking app Uber, which previously held the title of the most valuable private technology company.
The company, which focuses on new technology and how to turn it into reality, won a Red Herring 100 award this year, placing it among some of the most promising private technology ventures in the US for 2009.
Over the next five weeks, I invite you to journey through an analysis of the public and private technology markets.
The swollen ranks of the unicorn club — private technology companies valued at over $1 billion — have broken away from traditional public comparable multiples.
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