The Silicon Valley unicorn club—or companies worth at least $1 billion—tends to be filled with four types of companies.
- Bros braking laws, yelling “DUDE!”, and improbably getting so much cash having proven so little that failure is almost a challenge for them.
- Women who have busted their ass for years, finally painstakingly proven their businesses, and are belatedly getting a pile-on of cash.
- Asian companies with jaw-dropping numbers, markets, and local cash.
- Boring old SAAS companies that have the metrics to actually support the valuation.
Zipline, which just announced a $190 million round of funding at a $1.2 billion valuation, fits in none of those categories.
Zipline isn’t an overnight success, for one thing. And Zipline is a rare Silicon Valley tech company whose primary market isn’t the US. It delivers life-saving medical supplies to African nations via drones. Despite all the talk about tech “changing the world,” it’s increasingly looking like it’s given powerful folks tools to exploit a lot of the world.