Reality show 'Unicorn Hunters' is looking for the next $1 billion company
CNN
A new reality TV show called "Unicorn Hunters" borrows the pitch-for-fame-and-fortune concept popularized by "Shark Tank" but adds an unusual twist: It's not just the judges throwing money at the businesses. Viewers at home can invest, too.
The new streaming series -- which debuted Monday on its website, YouTube, LinkedIn and Facebook Video -- features late-stage businesses seeking investments ahead of going public. Representatives from the companies step inside what the show calls the "Circle of Money," a ring with seven rotating judges, including Apple (AAPL) co-founder Steve Wozniak, former US Treasurer Rosa Gumataotao Rios, singer Lance Bass and a handful of other business people. Panelists critique the companies by weighing their risk factors and likelihood of becoming the next tech "unicorn," a term for a private company valued at $1 billion or more.
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